A savings account paying 6% APY. No, you didn’t misread that, and no, we haven’t been sampling the punch at a timeshare presentation.
Numerica Credit Union just rolled out Six7 Savings, a new account that puts your money to work with a generous 6.00% APY*—but there’s a twist. That sweet rate applies to the first $700 you stash away. Anything above that earns the standard savings rate of 0.05% APY.
Think of it like a financial appetizer rather than the full entrée. It’s not going to replace your emergency fund strategy, but it’s a pretty compelling way to kickstart your savings habit or park some cash where it’ll actually grow.
Who’s This Account Actually For?
“Six7 Savings isn’t built for one type of saver, we built it for everyone,” explains Kelley Ferguson, chief strategy officer at Numerica Credit Union. “Whether you’re just getting serious about saving, building toward a goal or looking for a smarter place for your money, this product meets people where they are. It’s simple, it’s rewarding and it gives members another way to put their money to work.”
Translation: Whether you’re a savings newbie who needs motivation or someone looking to optimize every dollar, this account makes sense. The $700 threshold is accessible enough that most people can reach it without feeling overwhelmed, but meaningful enough to make a real difference.
The Details You Actually Need to Know
Both new members and current Numerica folks can open a Six7 Savings account, though you’re limited to one per person. Fair enough—no gaming the system with seventeen accounts.
Here’s a nice bonus: you can link the account with Numerica’s RoundUp to Savings feature. Every time you swipe your debit card, the purchase rounds up to the nearest dollar and the spare change gets funneled into savings automatically. It’s the digital equivalent of tossing coins in a jar, except you’ll actually remember it exists.
The account also plays nicely with Numerica’s Growth youth accounts, making it a solid option for families who want to teach kids about saving without delivering a lecture that puts everyone to sleep.
Bottom line? Six7 Savings won’t make you rich, but it’s a smart, straightforward way to make your first $700 work harder than it would sitting in a typical savings account earning basically nothing.