CHECKING ACCOUNTS
Banking as it should be
Access America Checking
Free Checking
Explore our checking options and find your perfect fit
Access America Checking
Maximize your returns
Earn dividends on your funds with direct deposit
Easily waive monthly fees1
Free Checking
Simple, everyday banking
No minimum balances
No monthly maintenance fees
Access America Checking
Maximize your returns
Earn dividends on your funds with direct deposit
Easily waive monthly fees1
Free Checking
Simple, everyday banking
No minimum balances
No monthly maintenance fees
Features and Benefits
Deposit cash where you shop5
Make cash deposits at your favorite stores using the PenFed mobile app.
Open PenFed mobile app: Log in, navigate to your checking account, and tap "Deposit Cash."
Locate retailer: Use location services to find nearby participating retailers (e.g., Walmart®, Walgreens).
Generate barcode: Tap to create a secure, one-time use barcode.
Present barcode & cash: Show the barcode to the cashier and hand over your cash.
Confirm deposit: Receive digital/physical confirmation. Funds are immediately available.
Disclosures
1
No monthly maintenance fees with a daily balance or monthly direct deposit of $500 or more.
2
Have peace of mind knowing that PenFed won’t hold you responsible for unauthorized transactions on your Visa debit card. Visa’s Zero Liability policy applies to purchases made in the store, over the telephone, online, or via a mobile device. Visa’s Zero Liability policy does not apply to transactions not processed by Visa.
3
Early access to direct deposit is available for all PenFed members that set up a direct deposit with their employer or other payor. Early direct deposit eligibility may vary between pay periods and timing of payors funding.
4
Certain terms, conditions, and exclusions apply. In order for coverage to apply, you must pay your monthly eligible cellular wireless bill with your covered PenFed debit card. Please refer to your guide to benefits at https://www.penfed.org/debit-card-benefits for further details.
5
VanillaDirect Pay is provided by InComm Financial Services, Inc. (NMLS# 912772), which is licensed as a Money Transmitter by the New York State Department of Financial Services. Terms and conditions apply. Web access is needed to use mobile banking and Add Cash in Store. Check with your service provider for details of specific fees and charges. Add Cash in Store transaction limits apply: For each member, the monthly limit for adding cash in store is $5,000 or no more than 10 transactions per month. The daily limit is $1,500. The first three (3) add Cash in Store transactions are free per month. After that, there is a $2 fee per transaction. Routine or unscheduled maintenance may impact accessibility. PenCheck Limited accounts are not eligible. PenFed Credit Union does not provide, endorse or guarantee any third-party product, service, information or recommendation listed above. The third parties listed above are not affiliated with PenFed Credit Union and are solely responsible for their products and services. All trademarks are the property of their respective owners.