Smart Checking Plus

Member Story: Opening a Checking Account

Frequently Asked Questions

What is Royal’s Smart Checking Plus account?
Smart Checking Plus is Royal Credit Union's dividend-earning checking account. Members can earn dividends on their account balance while still receiving the same everyday checking features available with Smart Checking, including a Visa® debit card, digital banking tools, direct deposit, mobile check deposit, and access to more than 40,000 surcharge-free ATMs nationwide.

Is there a minimum balance required for a Smart Checking Plus account?
Yes. Keep your balance above $700 each month to earn dividends and avoid a $10 monthly charge.

Does Smart Checking Plus charge a monthly fee?
It can. Keep your Smart Checking Plus balance above $700 for the entire month to avoid a $10 monthly charge. If your balance falls below $700 at any point in the month, the $10 fee will be charged.

Is a credit union checking account better than a bank checking account?
Many people choose credit union checking accounts because credit unions are Member-owned financial cooperatives that focus on serving Members rather than shareholders. Credit union checking accounts often feature competitive fees, personalized service, and convenient digital banking tools.

What ATMs can I use with Smart Checking Plus?
Royal is part of the MoneyPass network, so Members can use more than 40,000 surcharge-free ATMs nationwide for easy access to cash at home or while traveling. You can use our ATM locator to find a surcharge-free ATM near you.

Can I use Apple Pay, Google Pay, or Samsung Pay with Smart Checking Plus?
Yes. Your Royal debit card can be added to supported digital wallets, including Apple Pay®, Google Pay™, and Samsung Pay®, allowing you to make secure contactless purchases in-person or online.

Can I switch my checking account to Royal Credit Union?
Yes. Many people switch checking accounts to take advantage of lower fees, better digital banking tools, convenient ATM access, or personalized service. We provide resources and support to help make the transition easier, like our checking account switch kit.

What's the difference between Smart Checking and Smart Checking Plus?
Smart Checking is designed for Members who want a simple checking account with no minimum balance or monthly fee. Smart Checking Plus offers dividend earnings and waives the $10 monthly fee for Members who maintain a $700 minimum balance each month. Choosing the right account depends on your banking habits and financial goals.

Can I switch my Smart Checking account to Smart Checking Plus?
Yes! Members who already have Royal’s Smart Checking account and want to earn dividends on their checking balance can transition to a Smart Checking Plus account. Visit a Royal office or call Member Service at 800-341-9911 to discuss your options and change your checking account type.