Did You Know TFCU in Alexandria Offers 5.50% APY on New High-Yield Checking—78x National Average
Xcelerate High-Yield Checking lets members earn more on balances up to $25,000 with no monthly fees or minimum balance
ALEXANDRIA, VA – Transportation Federal Credit Union (TFCU), headquartered in Alexandria, has introduced two new high-yield checking account options aimed at helping members maximize the value of their everyday banking.
The new offerings—Xcelerate High-Yield Checking and Xcelerate CashBack Checking—are designed to support different financial goals, whether earning high interest or enjoying monthly cash-back rewards. Both accounts feature no minimum balance requirement, no monthly maintenance fees, and a variety of other benefits.
The Xcelerate High-Yield Checking account provides a 5.50% Annual Percentage Yield (APY) on balances up to $25,000, which TFCU notes is 78 times the national average.*
For members who prefer rewards on spending, the Xcelerate CashBack Checking account offers 6.00% cash back on everyday debit card purchases, up to $200 per month.*
In addition to competitive earning potential, both accounts include 24-hour account access and monthly worldwide ATM withdrawal fee refunds, provided members meet basic transaction requirements during each monthly qualification cycle.
“We’re excited to bring these high-performance checking solutions to our members,” said Sharmaine Bucknor, Chief Marketing Officer at TFCU. “Our goal is to provide exceptional value, convenience, and flexibility. Whether our members want to earn interest or enjoy cash back, these accounts give them the tools to make the most of their hard-earned money.”
Transportation Federal Credit Union serves members nationwide and maintains a branch in Alexandria at 1600 Cameron Street. For more information or to open an account, visit www.TransFCU.org/Xcelerate or call 202-366-9400.
*Rates current as of June 24, 2025. Terms and conditions apply. Please visit the website for complete details.
