Simple Math

Blue's Rewards for Life program is one more way we say "thanks" to our members. We use a simple equation, taking into account your participation and years of membership with Blue, to invest more in you.

How It Works

Our Rewards for Life program pays you more based on your participation in the credit union and your years of membership. Basically, the more you utilize Blue's services, the more rewards you'll enjoy—for life. Here's the detailed breakdown.


Tally Your Rewards Score

Length of Relationship

Years of Membership
0-5 years
5-15 years
15+ years
Points Available
1 point
2 points
3 points
Product Points
Points Available
Any Checking
1 point
Any Investments at Blue Account
1 point
Any Money Market
1 point
Any IRA
1 point
Any Term Share
1 point
Any 1st Mortgage / Bridge Loan
1 point
Any 2nd Mortgage / HELOC / Finish Line
1 point
Any Auto / RV / Other Secured
1 point
Any Unsecured Loan / Line of Credit
1 point
Any Credit Card
1 point
Combined Relationship Balance1




Combined Balances
<$5k
$5k - $25k
$25k - $75k
>$75k
Points Available
0 points
1 point
2 points
3 points

Available Rewards

Silver
Gold
Sapphire

0-5 points
6-8 points
9+ points
Consumer Loan Rate Discount2
None
- 0.25%
- .50% APR**

Extreme Checking Rate
(up to $15,000)

1.50%
2.50%

3.50% APY*

Paper Statement Fee

$2/per
Free
Free
IRA Annual Fee
$10
Free
Free
Official Check3
$3
$3
Free
Coin / Coin Machine
3%
Free
Free
Domestic Wire Fee (outgoing)
$25
$25
Free
Incoming Wire Fee
$5
$5
Free
Credit Card Rewards
1 pt/$1
$5
Free

Calculate Your Rewards Level

Points:

1 Relationship Balances: Investments at Blue balances are not included in relationship balances. 1st mortgages and bridge loans are not included in relationship balances.

2 Benefits: Consumer loan rate discounts apply to auto, ATV, motorcycle and recreation vehicles.

3 Official Checks: Fee for Gold member status effective August 1, 2019.

Rewards do not apply in combination with promotional rate. Rates are subject to change without notice.

The Benefits

We offer different member benefits, including special interest rates and free services, based on your Rewards for Life membership level.

Become a Member


Rewards for Life FAQs

Your Rewards for Life status is updated on a nightly basis. So, if you open a new qualified product or increase your balance to move you to the next rewards level, this will be updated automatically.

Some existing product benefits are automatically calculated for you, while others are implemented once you obtain a new product or service.

Existing Product Benefits

Extreme Checking—If you have an Extreme Checking account, your dividend rate will be automatically calculated each month depending on your tier. So, if you're a Sapphire member, you will earn 3.50% APY*, if you're Gold tier member, you will earn 2.50% APY* and so on.

Depending on your reward tier, your benefit will be automatically calculated at the time of service on the following items:

  • IRA Annual Fee
  • Official Check
  • Coin/Coin Machine
  • Domestic Wire Fee (outgoing)
  • Incoming Wire Fee
  • Paper Statement Fee

New Product Benefits

Rewards also extend to members when they obtain new products and services from Blue. Depending on your reward tier, your benefit will be calculated at the time of opening of the following new products and services:

Contact us if you have any questions on how to maximize your rewards.

Joint account holders do not share the rewards status of the primary account holder that they are joint on. Our Rewards for Life program is calculated around the individual account owner. If you are a joint account holder on someone else’s account AND have a primary account of your own, you will only share points on products you are joint on, as long as they are not the same product type as your personal account. You will also receive points for your personal account and years of membership.

No. Children or youth accounts will calculate the Rewards points for their accounts only, they do not get credit for their parent’s personal accounts.

We are eager to earn your business and help you reach your financial goals with our competitive products and services. You can earn additional points to increase your Rewards for Life status by utilizing certain products.

No. Only one point is awarded per product type. So if you have an Extreme Checking and a Basic Checking account that you are primary on, you will only receive one point because they are both checking accounts.

Your combined relationship balance earns you more points towards your rewards level. This is calculated by taking your total share accounts (savings, checking, term shares, money markets, etc.) and your total loan balances (auto loan, credit card, etc.) and adding them together. So, if you have a total of $9,500 in your share accounts and owe $19,200 in loans with Blue, your combined relationships balance would be $28,700 which would earn you 2 points!

Investments at Blue balances and First Mortgage balances are NOT included in combined relationship balances.

Need Help?

To Blue Federal Credit Union, relationships are everything. If you don’t find what you are looking for in our online Help Center, contact us and we are happy to help.

Online Help Center
Investments at Blue

* Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor.

Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Investments at Blue has contracted with CFS to make non-deposit investment products and services available to credit union members.

Extreme Checking

Annual Percentage Yield (APY) is paid on the portion of the balance up to $15,000 if criteria are met, and 0.05% APY paid on the portion of the balance above $15,000 if criteria are met. No minimum balance required. Available to personal accounts only. No monthly service charge. ATM fee refunds up to $28 per cycle, $4 limit per transaction when criteria are met (does not include international ATM fees). Dividends are compounded and paid monthly. Criteria: (1) Enroll and receive electronic statement; (2) One Direct Deposit, ACH or Bill Pay must post and clear from your account during the qualification cycle; and (3) Ten (10) Debit Card Purchases (excludes ATM transactions) must Post and Clear your account during the qualification cycle. Limit one (1) Extreme Checking accounts per member. Membership is easy, just ask!

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Investments at Blue has contracted with CFS to make non-deposit investment products and services available to credit union members.