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Premium Checking

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Do you maintain higher balances in your checking? Do you want to earn dividends* and rewards? Premium Checking is our preferred account and could be perfect for you! Open a Premium Checking today!

  • Dividends – Tiered, starting at $2,500*
  • Premium Share Certificates – Premium options available – Ask us for details
  • Discounted Vehicle Loans Rates – 0.50% APR reduction**
  • Debit Card CU Rewards – Opt-in and begin to earn points every time you choose “credit” for purchases with your debit card – 1 point for every $5
  • Premium Phone Service – Enter Premium Checking account number when you call
  • Safe Deposit Box – $20/year discount on any box size
  • Instant Issue Debit Card – Free with a variety of colors to choose from!
  • Free Foreign ATM Use – No charge from us - surcharge fees from the foreign ATM owner may apply

 No fee when the required minimum balance and one qualifying relationship are met monthly (see below); otherwise $10


Average daily balance1 of $2,500 in Premium Checking
Month-end balance of $5,000 or more in combined share accounts (savings, checking and/or Money Market) on same member number

PLUS ONE OF THE FOLLOWING MONTHLY under this member number:

  • Direct Deposit2 of $250 AND 10 “credit” debit card transactions
  • Month-end loan balance3 of $15,000 or more
  • Direct Deposit2 of $250 AND Visa® Platinum Card4
  • First Mortgage


Ready to open a Premium Checking account?

Three easy and convenient ways to open:

Online button By phone button In branch button

Not a Member?

If you're not currently a member of South Carolina Federal, you can still apply for a Premium Checking account. Want to learn more about joining the credit union? Learn more.

*Refer to dividend rates page.
** Subject to loan approval. Discount only available when payment is automatically deducted from Premium Checking.

1The Average Daily Balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. 2Direct Deposit must come directly into checking from the payroll source (allocations are not considered). 3May combine auto, boat, Personal Access Line, etc. (all consumer loans, excluding First Mortgage and/or credit card). 4Card must be open and in good standing.

Online Banking Enrollment

Enrolling in Online Banking is simple and FREE:

  1. Enter your User ID
  2. Enter Phone Banking PIN as your Password
  3. Click on the LOG IN button

If you don't know your Phone Banking PIN, please contact us at 843.797.8300 (Charleston) or 800.845.0432 (Nationwide).