- Domestic ATM fee reimbursement
Alliant Bank Online Banking Review
Alliant Bank offers a complete range of banking products for its customers. These include checking accounts, savings accounts, and CDs. Furthermore, Alliant Bank has teamed up with Kasasa to provide competitive checking accounts with reasonable interest rates and cash back. Kasasa is a reputable financial technology company that offers reward checking accounts and expert consulting services to community financial institutions.
Alliant Bank also offers mortgages, personal loans, and investment facilities. You can access all of these functions through Alliant Bank’s online banking portal.
Alliant Bank Online Banking Highlights
Over 50,000 atms
MIN CREDIT SCORE
Pros & Cons
- Excellent APY rates are available
- Wide range of checking and savings accounts
- Low minimum deposit amount to open an account
- CD rates are not readily available online
- Physical branches only available in Missouri
- Minimum deposit of $1,000 is required for the Triple Advantage Money Market account.
- Certificates of Deposit (CD)
Alliant Bank Checking Highlights
Alliant Bank Savings Highlights
Features Benefits & Rewards
Alliant Bank has paired with Kasasa, the award-winning financial technology company, to offer competitive checking accounts to its customers. To qualify for a Kasasa account, you must have:
- At least 1 direct deposit or ACH payment transaction post and settle
- 12 debit card purchases post and settle
- Be enrolled for online banking.
Free Kasasa Cash Checking
Alongside giving its users free access to debit cards, online banking, and mobile banking, the Free Kasasa Cash Checking account offers excellent APYs. Balances up to $15,000 earn 2.5% APT, with balances over $15,000 earning 0.25%. If the Kasasa requirements are not met, the whole balance will earn interest at 0.05%.
Free Kasasa Cash Back
Many people like to earn through cash back instead of earning interest. Kasasa Cash Back Checking account offers 4% cash back on up to $200 a monthly spending on debit card purchases. Therefore, this equates to a maximum of $96 a year cash back. The Cash Back account also benefits from up to $25 monthly refunds on ATM withdrawal fees and online and mobile banking access.
Free Kasasa Saver
The Kasasa Saver account was created to be used in line with the Checking or Cash Back account to help save and still earn a good APY. Kasasa Saver accounts offer qualifying customers an APY of 0.75% on balances up to $25,000 and 0.25% on balances over $25,000. As with all Kasasa accounts, you need a minimum deposit of $50 to open this account.
Free Kasasa Tunes Checking
Kasasa Tunes Checking is an ideal account for regular iTunes, Amazon, or Google Play users. This account gives customers a $20 refund for iTunes, Amazon, or Google Play purchases when they open an account. Further, qualifying customers can earn $10 in refunds every month for iTunes, Amazon, or Google Play.
A Green Checking account is perfect for people that want a simple, environmentally conscious checking account. There is no minimum balance requirement, and customers receive a free debit card and unlimited check-writing ability. eStatements are the standard with Green Accounts, so it will cost you $3 a month to receive paper statements.
Health Savings Account
A Health Savings account is specifically designed for the use of paying or reimbursing medical expenses incurred by you or your family.
Triple Advantage Money Market Account
The Triple Advantage Money Market Account gives customers the option of full access to their funds while still earning a good APY. To open this account, you’ll need to deposit and maintain a balance of at least $1,000. Interest is earned on a tiered basis for select customers. Contact Alliant Bank for full details about the terms and conditions of the Triple Advantage Money Market Account.
Note that Alliant Bank does not list its interest rates on its website, so we could not establish what APYs are available for Alliant Bank savings products. Alliant Bank offers the following savings accounts:
A $100 deposit is needed to open a Regular Savings account with Alliant Bank. To avoid a $3 monthly maintenance fee, you need to maintain a balance of $100 or more. Balances less than $100 will not earn interest. You can also make six withdrawals per month from this account with no extra charge.
The Youth Savings account is designed to teach responsible money management to children under 18. This joint account earns interest on balances greater than $50. Plus, there is no minimum balance required. You can make six withdrawals a month from this account.
Specifically designed to save for Christmas or vacation, these savings accounts start 12 months before the target event and offer a stress-free way to save for the big day.
Certificate of Deposit (CD)
Alliant Bank offers CD products for those looking to earn a specific interest rate for a fixed period. As with most CD products, there is an early withdrawal penalty if you access your CD before the fixed period is complete.
|Account Name||Key Features|
|Kasasa Cash Checking||
|Kasasa Cash Back Checking||
|Kasasa Tunes Checking||
|Health Savings Account||
|Triple Advantage Money Market Account||
Opening an Account With Alliant Bank
We were impressed with Alliant Bank’s range of accounts while maintaining its local values, so we applied for a Kasasa Cash Checking Account and a Kasasa Saver Account. We selected the “Apply Now” button on the home screen to get started.
We were presented with a simple form to complete, split into three sections; Personal Information, Identity Verification, and Opening Deposit.
After entering our INFORMATION, including details of our address, email address, SSN, and phone number, we authorized Alliant Bank to authenticate this information. Once we’d verified our identity, we could select how we wished to fund our account. We could do so via a checking or savings account or by visiting one of Alliant Bank’s five branches. We selected to do this via a checking account.
We then completed the application. All that was left to do was simply upload our proof of identity and address and fund our new Kasasa Checking account. The process was straightforward and completed within 10 minutes.
Available in all states
Privacy & Security
Alliant Bank prominently features a statement on its website detailing the importance of privacy and security to both the company and its customers. The non-identifying information is collected for statistical purposes, which includes the date and time of website visits, IP address, web browser, and location. However, no identifying information is collected that is stored or sold to third parties. There are no adverse reports online regarding Alliant Bank’s privacy and security practices.
Alliant Bank has an excellent customer support team you can contact in various ways. We called the company’s 24/7 helpline and were able to speak to an advisor immediately who dealt with our questions in a friendly manner. You can also reach Alliant Bank’s customer support via email, social media or by visiting one of its five branches in Missouri.
Ultimately, Alliant Bank is an excellent option if you are looking for a full-service bank with a local presence. The importance of the local Missouri community clearly comes through in the company’s work. Plus, if you are based in or around Missouri, Alliant Bank is worth considering if you are looking for a new partner to meet your banking needs.
Alliant Bank Disclaimer
Qualification Information for Checking Account: Account transactions and activities may take one or more days to post and settle to the account, and all must do so during the Monthly Qualification Cycle to qualify for the account’s rewards.
The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank.
“Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle.
Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) daily balances up to and including $15,000.00 receive an APY of 2.50%. Daily balances over $15,000.00 earn an interest rate of 0.25% on the portion of the daily balance over $15,000.00, resulting in a range from 2.50% to 0.54% APY, depending on the account’s daily balance. (2) You will receive reimbursements up to $25 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified.
An ATM receipt must be presented within sixty (60) calendar days of the transaction for reimbursements of individual ATM fees of $4.99 or higher. When your Kasasa Cash qualifications are not met, the interest rate earned on the account’s entire daily balance will be 0.050% resulting in an annual percentage yield of 0.05%. APY and ATM withdrawal fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle.