Get your direct deposit five days early with QPlus Checking.1
The only online checking account that gives you your paycheck five days earlier than your scheduled payday—plus—enjoy zero overdraft fees2, unlimited ATM fee reimbursements3 and the ability to earn 1.25% APY4.
Get the most out of your hard-earned money with QPlus Checking.
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Discover the Benefits of QPlus Checking Account
In addition to the standard features that come with all Quorum checking accounts like, FREE Debit Mastercard®, FREE Bill Pay service, mobile deposits, and Zelle®, you'll enjoy features and benefits you won't find anywhere else.
5-Day Early Access to Direct Deposit1
With QPlus Checking, you'll see your paycheck in your account five days earlier, giving you better financial control and flexibility.
No Overdraft Fees2
Say goodbye to overdraft fees. We’re committed to keeping your money where it belongs—with you. We’ll even cover up to $200 in overdrafts.
No ATM Fees3
No more worrying about finding an in-network ATM. We'll reimburse you for all ATM fees, whether you're 40 states from home or 40 steps from a bank.
Earn 1.25% APY4
With QPlus Checking, you'll earn a competitive savings rate on balances over $10,000. This means that in addition to getting your paycheck five days early, you'll also benefit from an extra five days of accruing interest!
Easy Online Account Access
Whether you're at home or on the go, manage your QPlus Checking easily with our highly-rated mobile banking app. Deposit checks, send and receive money with ZelleTM, pay bills, set up text or email alerts, and more!
HOW DOES IT WORK
How Does the 5-Day Early Access to Direct Deposit Work?
Once you’ve completed the steps above and we've validated at least two direct deposits from the same funding source, the 5-Day Early Access to Direct Deposit feature will kick in. You'll start receiving your paychecks five days earlier than scheduled as an advance from Quorum. There is no additional cost for this service; you can use these funds immediately for any purpose. You also have the opportunity to earn interest on all your current balances as long as you maintain a minimum daily average balance of $10,000.
When payday officially rolls around, we'll adjust your account by deducting the amount we advanced to you, ensuring that we do not provide an overpayment. It's important to remember that timing is essential, so please make sure that your direct deposits are active or that you have enough funds in your account when we reconcile the advance.
HOW TO OPEN AN ACCOUNT
Opening a QPlus Checking Account is Easy!
Unlock all the features of QPlus Checking by following the steps below.
Open an Account Online
Click here to access and complete our secure online application.
Set up Direct Deposit
Set up monthly direct deposits with an aggregate balance of at least $500.
Enroll in eStatements
Enroll in eStatements via online banking or our mobile banking app.
AWARDS & RECOGNITION
Why Bank with Quorum?
One of the Best Credit Unions of 2024
Bankrate
One of the Top Credit Unions of 2024
CNET
Best Credit Unions
Business Insider
Best Online Banks 2024
MarketWatch
Over 65,000 Members Continue to Choose Quorum
When you open a Quorum QPlus Checking Account, you not only gain access to incredible savings rates and outstanding digital banking service, you also become a valued member of our online credit union. This membership is your key to top-of-market personal banking products and services that are only available to members.
Why Quorum? For starters, we're not your typical bank. As a member-owned, online credit union with a 90-year history, we focus on the financial well-being of our members. We don't have stockholders. We believe in giving back to you by sharing our profits through competitive interest rates on savings and loan products. As an online credit union, we also have lower overhead costs, allowing us to provide a seamless online and mobile banking experience for our members.
We’re backed by the full faith of the U.S. Government. So your deposits are federally insured by the National Credit Union Association (NCUA) up to $250,000, similar to a federally insured bank.
A Few Things You Should Know
Account Requirements: Monthly direct deposits with a total aggregate balance of $500.00 and enrollment in eStatements. A maintenance fee of $10.00 will be assessed for each month the account does not meet the Account Requirements.
1. 5-Day Early Access to Direct Deposits: This feature is only available for Quorum members with a QPlus Checking Account. In order to establish access to this feature, two direct deposits with an aggregate total of at least $500.00 coming from the same funding source and enrollment in eStatements must be established within 90 days of account opening. It may take two cycles for the early access to direct deposits to take effect. Early Access funds will be credited to your account up to 5 days prior the date scheduled by the payor and is subject to change at any time. Quorum does not guarantee that any direct deposits will be made available before the date scheduled by the payor, and early availability of funds may vary between direct deposits from the same payor. Quorum shall have no liability for payments returned as a result of insufficient funds, overdrafts or any other payment failure due to reliance on Early Access funds.
Early availability of your direct deposit is not guaranteed and may vary from deposit to deposit. There is a maximum of two direct deposits that will be eligible for Early Access and a maximum of $10,000 per direct deposit will be advanced. In the event an account has more than two different direct deposits, Quorum reserves the right to determine which two are eligible for Early Access. Funds availability depends on meeting the requirements mentioned above and is subject to any additional limitations set on early availability of funds, including, but not limited to standard fraud prevention screening. The criteria we use for making funds available early are determined in our sole discretion, based on confidential criteria necessary for maintaining the security of your account and our payment services and is subject to change without notice. Not all direct deposits are eligible for 5 Day Early Access. Eligible deposits are electronic deposits made through the Automated Clearing House (ACH) to your personal account including but not limited to items such as your payroll, pension, and government benefit payments. Other deposits or credits to your account, such as deposits of funds from person-to-person payment services (e.g., Zelle®, Venmo, or PayPal transfers), check or mobile deposits, and other online transfers or electronic credits are not eligible for early access. Interest on your incoming direct deposit will begin accruing on the business day we receive credit for the deposit from your payor’s bank. Early Access advance amount will be debited from your account once the direct deposit has posted. Beginning two (2) business days after the deposit date scheduled by the payor, you are responsible for any negative balance that results from the usage of Early Access funds and the subsequent debit in accordance with our Truth in Savings Agreement. Quorum reserves the right to revoke Early Access to funds for any reason and at any time.
2. Overdraft Protection: You will not be charged with any overdraft of non-sufficient funds fees on this account. QPlus Checking comes with two levels of overdraft protection at no cost to you: automatic overdraft transfers and Courtesy Pay. The automatic overdraft transfers feature authorizes Quorum to transfer funds from any of your eligible existing Quorum savings/checking accounts to your QPlus Checking account to cover transactions that cause your account to go negative. Courtesy Pay allows us to consider paying your checks, ACH and recurring debit transactions that overdraft your account up to $200.
3. ATM Fee Reimbursements: ATM fees incurred will be reimbursed and will be automatically deposited into your account on the 2nd business day of the following month.
4. Annual Percentage Yield (APY) is in effect as of 02/01/24 and subject to change. The current APR is 1.24%. APY and APR may change after account is opened. You must maintain a minimum monthly balance of $10,000 in order to earn this APY and rate. Balances under $10,000 will earn the Basic Savings APY and rate. Please refer to our rate sheet for current APY and rates.
