More rewards … only with My Prize Checking.

My Prize Checking is an account for members who use their account for everyday banking – and want to be rewarded for it!

Earning dividend rewards with My Prize Checking is easy. Just enroll in e-statements, set up a recurring monthly direct deposit of $500 or more into your checking account, have 15 debit card purchases each calendar month and have a credit score of 500+. When you meet these requirements each month, you’ll be rewarded with dividends of 7.00% APY on balances up to $777 and .10% APY over $777.*

You could win $500 or MORE!

Every eligible card transaction is an automatic entry for a chance to win a $500 monthly prize or a quarterly prize package valued at $2,000.**

Enjoy Additional Rewards

No Monthly Fee

There’s no fee for having an account and no fee if you don’t meet monthly activity requirements. Although, you do not earn the APY if requirements are not met.

My Payday

Two weeks can be a long time to wait. Get money from your paycheck up to two days before payday. Learn more about My Payday.

Free Overdraft Protection

Link your MCU checking and savings accounts and get free transfers to protect against overdraft fees.

My Grace Zone

Breathe easier with access to a $50 grace zone that lets you go a little under your account balance without getting an overdraft fee. Learn more about My Grace Zone.

Save on a Loan

Get a discounted rate on a future loan when you tie direct deposit to your checking account.

No ATM Fees

Never get an ATM fee from MCU, even if you use an out-of-network ATM. (Transaction fees from non-MCU ATM operators may apply.)

Online and Mobile Banking

Manage your finances from the comfort of your couch or on the go with online banking and the Marine
mobile app. It’s convenient. It saves you time. It’s secure. Learn more.

Apple App Store
Get it on Google Play

My Prize Checking FAQs

Is there a fee for My Prize Checking if I don’t meet all the activity requirements?

No, there is no fee for My Prize Checking. If you don’t meet all the activity requirements in a month, you won’t be paid dividends that month. You will be eligible to earn dividends again the following month.

Is there a dollar minimum for debit card transactions to qualify for rewards?

No, there is no dollar minimum for debit card transactions. Make at least 15 debit card purchases of any dollar amount to qualify to earn dividends. Debit card transactions processed by merchants and received by The Credit Union as Point of Sale (POS) transactions are included. Note that ATM transactions and debit card transactions processed by merchants and received by The Credit Union as ATM transactions are not included.

How will I know if I will receive my dividends each month?

You can track your progress toward earning dividends with the My Prize Rewards Tracker in Digital Banking. Just log in to digital banking to see exactly where you are on your way to earning dividends each month. The tracker shows your debit card transactions, direct deposit amounts, and enrollment in eStatements.

I already have a Marine Credit Union checking account. How can I switch to My Prize Checking?

You have three options to switch your existing checking account to My Prize Checking:

  1. Send a secure message in digital banking requesting to change your checking account type,
  2. Call the contact center and request to change your checking account type, or
  3. Visit a branch and a member service representative can help you make the switch.

The changes to your account will occur within 24-48 hours.

Can I open a My Prize Checking account online?

Yes, you can open an account with Marine Credit Union online. Online account opening is quick and easy with just 3 simple steps:

  1. Choose the My Prize checking account. There are no hoops to jump through.
  2. Tell us a little about yourself. We’ll ask some questions about who you are and where you live. You’ll also have the option to add someone to your account.
  3. Fund your account. You can make your first deposit using a debit card, credit card, or a transfer from another bank account.

How much money do you have to have to open a checking account?

Opening a checking account with Marine Credit Union is easy. You must live in our service area and have a minimum balance of $5.

When will I receive my debit card?

You must fund your account before you receive your debit card. After you make your first deposit to fund your checking account, you may need to wait 7-10 days for your new debit card to arrive. You can activate your debit card and begin using it as soon as you receive it.

Ready to open your My Prize Checking?

Opening the account is quick and easy.
Click the link below, and you could have a new account in just 5 minutes!

The Fine Print

*My Prize Checking. Annual Percentage Yield (APY) accurate as of 03/01/2024. To earn the applicable Annual Percentage Yield (APY) each calendar month you must have ACH direct deposit(s) of $500 or more to your checking account, enrollment in eStatements, and a minimum of fifteen (15) purchases using your debit card. ATM transactions and debit card transactions processed by merchants and received by The Credit Union as ATM transactions not included. Debit card transactions processed by merchants and received by The Credit Union as Point of Sale (POS) transactions are included. No minimum balance requirements to earn dividends. Dividends are compounded daily and paid monthly. Fees may reduce earnings. Rates subject to change. A dividend rate of 6.78% will be paid on your account balance of $777 or less when qualifications are met, resulting in an APY of 7.00% for the dividend period. Account balances over $777 will be paid an APY of 0.10% when qualifications are met. If all requirements are not completed and/or posted in any given calendar month, the entire account balance earns 0.00% APY. If the checking account is closed prior to the end of the calendar month, all potential dividends will be forfeited, and the entire account balance earns 0.00% APY. The full calendar month begins on the first and up to the last calendar day at 5pm CST. Dividends are calculated and paid each calendar month on the daily balance. My Prize Checking is designed to be a primary checking account used for daily spending and other activities associated with primary checking accounts. There is a limit of one My Prize Checking per membership account. Marine Credit Union reserves the right to close one or multiple accounts at any time.

**NO PURCHASE NECESSARY TO ENTER OR WIN. Void where prohibited. Open only to permanent legal residents located in the states of IL, IA, MN, WI who are legal age of majority (and at least 18) at time/date of entry. International and corporate transactions ineligible. Ends 02/28/2026. Consumers do not automatically receive a Prize for having a My Prize Checking account or for signing up for a My Prize Checking account. For Official Rules and complete details, click here.