What are you saving for?

Whether you're saving for a wedding, vacation, new car or a charitable donation, a separate savings account is the perfect strategy for reaching your goal.

High Interest Online Savings Account
The Run Down
  • Reach your goals faster with rates that are 15.9x higher70 than bank industry averages
  • Open up to 19 supplemental saving accounts, each with their own personalized nickname
  • Deposit checks on your schedule with the Alliant Mobile Banking app
  • Build an emergency fund by setting up electronic deposits and transfers or recurring transfers through online banking
  • Going big for your wedding? No maximum balance limit24
  • No matter your dream, there are no monthly fees72
  • NCUA insured to at least $250,000
  • Enjoy a lower secured loan rate with your supplemental savings as collateral
Rates
1.11 %
APY
1.104 %

With an average daily balance of $100 or more

Bank on the Go!

Our mobile app gives you access to your Alliant Account in the palm of your hand.

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What are you saving for?

You can create a Supplemental Savings Account online to save for anything - a vacation, wedding, emergency fund, and more.

You can open up to 19 supplemental accounts. Just remember, keep an average daily balance of $100 or more in each account to take advantage of Alliant’s high savings dividend rates.

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Depositing checks is a snap!

Depositing money into your Supplemental Savings Account is fast and easy with our mobile deposit app.

Supplemental Savings Account Rates63

1.11 %
APY
1.104 %

Let Me Know When Alliant Rates Gets Even Better

Supplemental Savings FAQs

What’s the difference between a regular savings account and the supplemental savings account?

The only difference is that a supplemental savings is an additional savings account. You can name each account based on your specific financial goals — saving up for a vacation, making a large purchase, etc. — allowing you to more easily track your progress toward that goal.

How do I open a supplemental savings account in Alliant Online Banking?

Supplemental Savings Accounts can be opened in just a few easy steps in Alliant Online Banking. These accounts, dedicated to a particular financial need (emergency fund, holiday gifts, weddings, vacations, etc.), are a great way to reach your savings goals.

  • Log in to Alliant Online Banking and select Open an Account.
  • On the Open New Account page, select Supplemental Savings.
  • Assign a Custom Name for the account, and complete the rest of the form indicating joint owners (if any) and how you’ll fund the account (or you can opt to open the account now and fund it later).

To optimize your savings, set up automated recurring transfers to your new account. Just select Transfer Money and indicate the account you want the money transferred from.

Please note that while there is no minimum balance required to keep your account open, you need to maintain an average daily balance of $100 to be eligible for dividends on your account.

Can I have more than one supplemental savings account?

Yes. You can have up to 19 supplemental savings accounts.

Are there any transaction restrictions for savings accounts?

The number of withdrawal transactions from savings accounts are limited by federal law.

Do I have to maintain a minimum balance to have a savings account or to earn interest?

The minimum balance to keep your savings account open is $5. To earn interest, you must maintain a daily average minimum balance of $100. Alliant interest is paid monthly.

Why can’t I get a debit card for my savings account?

Savings accounts are a convenient way for members to save money. Federal regulations restrict the number of electronic transactions on savings accounts to six per month, excluding personal withdrawals. For this reason, we provide members a limited-use Convenience Card, which permits members to withdrawal cash from Alliant network ATMs. We encourage members to open a checking account for more flexible access to their money, while relying on a savings account for their money to remain and grow.

What is a preauthorized transaction?

A preauthorized transaction includes any arrangement with Alliant to pay a third party from your account upon verbal or written requests, including those received through the automated clearing house (ACH).

Does Alliant offer Cashier’s checks?

Alliant offers an "Official Credit Union Check" that function the same as a Cashier's Check. You can get an Official Credit Union Check by requesting one through Alliant Online Banking, by calling Alliant Phone Banking at 800-328-1935, or by visiting an Alliant Branch. Funds are deducted from your account at the time the Official Credit Union check is issued. There is no fee for the issuance of an Alliant Official Credit Union check unless you request that the check mailing be expedited, in which case you will be charged for express shipping. 

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