What is the difference between an Alliant Jumbo High-Rate Checking account and an Alliant High-Rate Checking account?

Jumbo High-Rate Checking is a tiered account that lets you earn higher APYs—up to 2.00%—by increasing your monthly direct deposits and meeting additional requirements, with added benefits like increased ATM rebates at the highest tier.

High-Rate Checking offers a simpler, non-tiered structure where you earn an APY by having a recurring monthly electronic deposit to your Alliant checking account each month (e.g., a direct deposit, payroll deposit, ATM deposit, mobile check deposit, or transfer from another financial institution) and meeting additional requirements, without the ability to boost your earnings through direct deposit activity.