- Save & Spend
- Checking
- Cash Back Debit
6% Back on Debit
Does your current checking pay you?
Your bank probably pays you nothing on checking while making you dance to avoid a monthly fee. Meet Cash Back Spend. No monthly maintenance fee, no direct deposit required, and 6% cash back when you make 15 debit purchases2 each month.
Maximize your rewards when you make 15 debit purchases a month:
Get 6% Cash Back on Debit
Earn cash back on all your debit purchases, up to $12 a month. That's a $144 a year.
Earn 3.75% APY* on Your Savings
Pair your Cash Back Spend with our High-Yield Savings and earn 3.75% APY on your first $100,000 in savings.
No Monthly Maintenance Fees
All our checking accounts have no recurring maintenance fees.
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Does your current checking pay you anything?
See what your everyday debit purchases could earn compared with interest on your current checking account.
Here's how they compare:
$1.00
$144.00
You're leaving $143.00 on the table each year. Let us pay you instead.
Estimate assumes at least 15 qualifying debit card purchases each calendar month and at least $200 in monthly debit spend. Cash back is capped at $12 per month. Checking interest estimates assume a constant balance and APY, with no fees. Other financial institution rates are as of October 2026. Actual results may vary.
Have some money in savings, too?
Pair your Cash Back Spend with our High-Yield Savings and give your savings a boost.
Earn up to 3.75%% APY* on your first $100,000 in savings.
Estimated Monthly Earnings:
$0.00
Estimated Yearly Earnings:
$0.00
Savings estimates use assume a constant balance, and that 15 qualifying debit purchases were made each month on the Cash Back Spend. Actual dividends may vary.
Free Benefits
All of our checking accounts offer rewards plus these great benefits:
Mobile Wallet Ready
Tap and pay instantly with Apple Pay, Google Pay, or Samsung Pay. No wallet needed.
Branch-Free Banking
Manage your financial life from your phone sans stepping into a branch (unless you want to!)
Free Money Transfers
Pay friends instantly via text, or move money between your bank accounts. Fee-free!
Total Card Control
Instantly freeze your card or set up real-time transaction alerts right in our app.
Surcharge-Free ATMs
When you actually do need cash, grab it for free at nearly 37,000 CO-OP ATMs nationwide.
Most services you'll use are free with our checking accounts. For a full list of fees, check our Fee Schedule.
Cash Back Debit FAQs
- Do recurring subscription payments (like Netflix or YouTube) count as a debit card transaction?
- Do debit card purchases under $5 earn rewards?
- Is there a maintenance fee if I don't meet the requirement to earn rewards?
- What counts as a debit card transaction?
- Is there a minimum spend per transaction to earn cash back?
High-Yield Savings
Want more on your savings, too?
Pair your Cash Back Spend with our High-Yield Savings to earn even more. When you make your 15 monthly debit purchases on your Cash Back Spend, you'll earn 3.75% APY* on your savings. No tiny balance caps like other banks use.
High-Yield Savings Rates
| Rate Type | Balance | Rate | APY* | Min. Opening Balance |
|---|---|---|---|---|
| High-Yield Tier 1 Rate | Up to $100,000 | 3.68% | 3.75% | $0 |
| High-Yield Tier 2 Rate | Over $100,000 | 0.50% | 0.50% | $0 |
| Standard Rate | Standard Rate | 0.02% | 0.02% | $0 |
*APY = Annual Percentage Yield. Rates are variable and subject to change after account opening, without notice. Limit of one High-Yield Savings account per member (unique SSN), and per membership number, regardless of joint ownership. Not available on business memberships.
To qualify for High-Yield Tier rates, 15 or more debit card transactions1 must post and settle to a single Oregonians checking account on the same membership within the account cycle (1st through 6:00PM Pacific Time on the last day of the month). Pending transactions don't count. When qualified, daily ending balances up to $100,000 earn High-Yield Tier 1 Rate; portion of daily ending balances above $100,000 earn High-Yield Tier 2 Rate, resulting in a blended APY. If qualification isn't met, all daily ending balances earn the Standard Rate2.
1Qualifying debit card transactions exclude ATM transactions, P2P transfers (e.g. Venmo, Cash App), ACH/EFT transactions, wire transfers, currency purchases, money orders, and account-funding transactions (e.g. Apple reloads).
