at Alliant Credit Union,

Federally insured by the NCUA

Pros

More than 80,000 free ATMs
0.65% APY on High-Rate Checking is well above average
1.50% 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 April 6, 2018

Checking

5

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.

High-Rate Savings
APY
1.50%
Min. balance for APY
$100

at Alliant Credit Union,

Federally insured by the NCUA

Free High-Rate Checking
APY
0.65%
Monthly fee
$0
Balance to waive monthly fee
$1

at Alliant Credit Union,

Federally insured by the NCUA

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
High
Poor customer service
I have a car loan with this group. Their customer service team can not even make a simple address change to send me a statement. I am attempting to pay the car off early, you can only call on the last day of the month and there is a $10 fee to pay over the phone. I need to add an email to my account to do online service to avoid the $10 fee and they have to mail it to me. They make it difficult to do anything. I will pay the car off and NEVER use them again.
Overall
Customer service
Excellent
Website / app
Good
Rates
Excellent
Fees
High
Great online bank.
Alliant is a great online bank for those who don't like the options they have where they live. All the banks near me offer checking accounts that are loaded with fees. Alliant has no fees whatsoever and on top of that, there is a credit union near me that is deposit friendly in the CO-OP network allowing me to deposit cash into my Alliant checking account which is awesome. Whenever I need smaller denominations of cash such as $5s or whatnot I go to a nearby Chase branch where I can use their high tech ATM inside their branch and my ATM fee will be reimbursed. There are other times where I needed cash fast and I was able to go to any atm and get that fee reimbursed. The only thing missing from this bank that prevents it from becoming a 5 star bank is SMS banking alerts. The only alerts they provide are highly detailed emails but I am too busy to be checking my emails to read every single transaction alert that goes through. Alliant needs to add SMS banking alerts if it is going to stay competitive. It is investing heavily into mobile banking well SMS banking is part of mobile banking.
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