Skip to main content
Elements will post all payments for Advance Child Tax Credits as funds are received from the IRS. To learn more, visit the IRS website.
  1. Home
  2. About Elements
  3. News & Happenings
  4. Advice
  5. Better Rates. Fewer Fees.

Back to Advice

Better Rates. Fewer Fees.

That’s why we are like a bank, only better.

We're here to help you make the most of your money.

At the core of the Elements Experience is value through our industry's best products and services. We are known for higher deposit rates, lower loan rates, and fewer fees than our competitors. No matter what, our purpose is to empower members to achieve financial success.

 

Estimate your rates with our online Financial Calculators.

Stay informed by estimating auto loan and mortgage payments or see how to maximize your savings with our financial calculators.

Browse our Financial Calculators

 

Earn more from your money with our High Interest Checking Account.

It's the easiest way to make some extra cash! Open a High Interest Checking Account from Elements and enjoy the potential to earn up to $400 per year in interest.1 Learn more or apply today to start earning 2.00% APY2.

Learn More about our High Interest Checking Account or Apply Today

 

Elements has all the features I look for in a bank including an easy to use app and I earn a great rate on my checking account.”

- Josh A. | Member Since 2018

Use your home For anything with a Home Equity Line of Credit.

With low rates, your home's equity can be used for anything you might need including:

  • Home Improvements
  • Student Loans or Tuition
  • Vacation
  • New or Used Car
  • Medical Bills
  • Debt Consolidation
  • It's up to you! 

Enjoy a new (and better) rate of 0.99% APR on new Home Equity Lines of Credit for 6 months then as low as 3.75% variable APR.3

Home is Where the Heart Is. And the Extra Cash.

HOME EQUITY LINE OF CREDIT

Introductory rate of 0.99 % APR3 For 6 months then as low as 3.75% variable APR

Learn More Apply Now

 

Free yourself from fees with a new Elements Credit Card.

There’s no annual fee on any Elements card, plus no international transaction fees or balance transfer fee4 on our Signature Rewards Visa Credit Card. Explore our credit cards to find an option that works best for you.

Compare our Credit Cards

  • Select rewards like cash & gift cards with our Signature Rewards Visa.
  • Enjoy enhanced security features, plus a chip-enabled card.
  • Go wherever you choose with an Elements Signature Rewards Visa and enjoy no international transaction fees.

Save money on your loans when you refinance with Elements.

Refinancing saves our members thousands of dollars annually. Let an expert review your loan terms and learn how you could start saving! Contact us today to learn more.

The average consumer saves $304 per month when they refinance a mortgage.5

 

Buy or refi your home with no Private Mortgage Insurance.

Explore various mortgage products from Elements that include no Private Mortgage Insurance (PMI) at elements.org/mortgage. Private Mortgage Insurance can cost upwards of 2% of your mortgage value at other financial institutions, so there is a potential for huge savings with Elements!

I was able to save hundreds of dollars on my mortgage when I refinanced with Elements and the Private Mortgage Insurance fees disappeared.

- Alexa M. | Member Since 2012

Don't pay to pre-pay with no penalties on our loans.

Unlike many of our banking competitors, Elements does not charge a prepayment penalty on any loans.

 

We Have Options for Protecting Your Identity

Elements makes protecting your identity easier by offering a variety of programs that you can enroll in. Find the option that fits your needs.

Learn More

Recommended for You

Banking the Way You Want It

Mobile Banking App

  • Online banking & bill pay
  • Mobile check deposit

Download on the AppStore Get It on Google Play

Add our Card Control App

  • Added security for Elements credit and debit cards
  • Card lock technology
  • Card activity notifications

Download on the AppStore Get It on Google Play

  1. 1 Annual earnings of up to $400 based on meeting requirements for qualifying transactions to earn 2% APY on account and carrying $20,000 average monthly balance for 1 year.
  2. 2 High Interest Checking Account Annual Percentage Yield (APY) effective as of July 1, 2021, is variable and may change after account is opened without notice. The APY is 2.00% on balances up to $20,000 and 0.10% on balances greater than $20,000 on accounts with 15 qualifying transactions per statement cycle. Only the following are qualifying transactions: Debit card purchases, checks, bill payments, ATM withdrawals and ACH withdrawals. No other transactions qualify. Dividends will be paid per statement cycle requirement. At least one account holder must be at least 18 years old. Accounts not meeting the qualifying transaction threshold will earn 0.05% APY. Fees may reduce earnings. See Truth in Savings Disclosures for details.
  3. 3 Each individual's Annual Percentage Rate (APR) is determined by the applicant's credit history. Not all applicants will qualify for the displayed lowest rates. The term is 25 years, consisting of a 10-year draw period with interest-only payments followed by a 15-year repayment period with principal plus interest, which may increase your monthly payments. The Introductory Annual Percentage Rate (APR) of 0.99% is for new Home Equity Lines of Credit only and is for the first six months. To receive the Introductory rate, a draw of at least $10,000 must be made within 30 days of account opening. After the introductory rate expires, balances will be charged at the variable APR based upon the Prime rate as published in The Wall Street Journal plus a margin. The APR will never be lower than 3.75% or higher than 18%. Rates vary depending upon credit history, combined loan-to-value (CLTV), and occupancy. The stated rate, correct as of July 1, 2021, applies to borrowers with credit scores of 730 or greater, CLTV 80% or less, and owner-occupied single-family residences. Elements Financial will pay flood determination fee, title search, and simple valuation. You may be required to pay other costs such as recording fees, taxes, and when required, appraisal fees. These costs vary by state and property type. Elements Financial reserves the right to modify or end this offer at any time. Additional terms and conditions may apply. Subject to credit approval. Elements Financial Membership Required.
  4. 4 Signature Rewards Visa Credit Card Transaction Fees — Credit Card Balance Transfer: None. Credit Card Cash Advance: Up to 3% for each Cash Advance or a minimum of $5.00.
  5. 5 Source: The Motley Fool