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
2.10% 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

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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 December 21, 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
2.10%
Min. balance for APY
$100

at Alliant Credit Union,

Federally insured by the NCUA

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
Time to Leave
Alliant Credit Union was a great bank for a while, but now it isn't worth anyone's time. They changed their two-factor authentication system a couple of months ago and it has gone downhill since then. In theory, them changing to a text message authentication system is good, however, their implementation has been a nightmare. It has been several months and they still haven't fixed the issue of connecting to budget tools besides Mint. I don't know if they are having trouble doing so, or if they don't care, but this is unacceptable. They shouldn't have changed the system if they weren't fully ready. On top of all of this, I started the process of transferring my money to my new bank, and I was hit with a reversal and $25 overdraw fee. Again, I understand that they want to dissuade people from making this mistake, but at the time, my balance was sufficient, and I had no pending transactions. Needless to say, avoid Alliant at all costs for the time being. If they ever care enough to fix their two-factor system and stop issuing discrepant overdraws fees, maybe, just maybe I might come back. On another note, I've noticed that the reviews of Alliant have gotten really bad on NerdWallet recently, I find it quite surprising that NerdWallet continues to recommend this as a top bank when actual consumers have found this bank to be subpar.
Overall
Customer service
Good
Website / app
Good
Rates
Excellent
Fees
Low
highly recommend this credit union
I have been a member for over 10yrs. I've had several car loans (best rates ever) and the staff was very helpful in completing the transactions for me. You can beat the savings account rates and even checking has a decent return.
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