Pros

Over 80,000 free ATMs
0.65% APY on High Rate Checking is well above average.
1.16% APY on savings, among the best rates you'll find

Cons

$25 overdraft fee; no limit on number of daily charges
Doesn't participate in shared branching

Overall

4.5

Many credit unions offer better interest rates than banks do, but they also may have narrow membership requirements and less polished technology. But Alliant Credit Union combines the best of both worlds with broad membership criteria, great rates and a good tech experience.

Ratings methodology | Updated Aug. 24, 2017

Checking

5.0

Alliant offers free, teen and high-rate checking accounts, none of which charges a monthly fee. Qualify for High-Rate Checking's strong APY by enrolling in free e-statements and receiving at least one electronic deposit per month — and you’ll receive the great rate, plus up to $20 per month in reimbursements for out-of-network ATM fees.

Free High-Rate Checking
0.65%
APY
$0
Monthly fee
None
Balance to waive monthly fee
Learn moreat Alliant Credit Union
High-Rate Savings
1.16%
APY
$100
Min. balance for APY
Learn moreat Alliant Credit Union
NerdWallet reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
Fair
Car loan - workable, but pain
I got a car loan through AutoNation. Rate was ok, but issue raised before first payment. When i contacted to make additional principal only - not available. Seriously? I can't make extra payment w/o interest tagged on it? The way to make any additional payment, had to link my external checking, transfer to Alliant saving account, transfer out of Saving into the loan account. Oh yeah FDIC 6 transaction limit on saving account, when you make an extra payment, the interest since the last payment being counted, even if you have regular direct withdrawal setup. What a bloody mess. Holly crap need to pay this off before any other loans simply because how much pain it is just to freaking pay to these folks. If you have an option to go elsewhere -save yourself aggravation!
Overall
Customer service
Poor
Website / app
Fair
Rates
Fair
Fees
Low
Hard Inquiries on Credit Report for opening Checking/Savings Accounts
Alliant became the credit union of the company I work for. I opened a checking and savings account. Eight months later, my wife (who works for same employer) wanted to become a co-contributor to my existing checking and savings accounts. After registering for account access, Alliant pulled (2) hard inquiry credit checks on her credit bureau accounts. Her credit is listed as excellent. When we contacted them for an explanation, they said that this was "normal procedure" for anyone added to accounts. This is ridiculous - pulling credit TWICE within one month, just to put money in their bank. It's written in obscure small print, so BE AWARE!
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