FAQs (data-driven)

Gold Account

• What is a Gold Account?

  The Gold Account is a free loyalty savings account available to Goldenwest members that earns a high-yield 6.00% APY on eligible balances.

• How does the Gold Account work?

  The Gold Account grows through eligible rewards and incentives offered by Goldenwest, including loyalty bonuses, Round Up Rewards, Visa cash back, and promotional offers.

• Can I deposit money directly into my Gold Account?

  Members cannot make direct deposits or transfers into the Gold Account outside of qualifying rewards and incentives.

• What is the Golden Rewards Loyalty Bonus?

  The Golden Rewards Loyalty Bonus rewards members based on their engagement and relationship with the credit union.

• How does Round Up Rewards help grow my Gold Account?

  Round Up Rewards rounds eligible debit card purchases up to the nearest dollar and deposits the extra change into the Gold Account.

• Can Visa cash back rewards be deposited into a Gold Account?

  Yes. Cash back earned from eligible Visa Signature and Visa Rebate Credit Cards can be deposited into the Gold Account.

• Does the Gold Account have withdrawal restrictions?

  Members can withdraw or transfer funds from the Gold Account at any time.

• Is the Gold Account free?

  The Gold Account is a free loyalty savings account for eligible members.

• Does the Gold Account earn dividends?

  Yes, the Gold Account earns a high-yield annual percentage yield (APY) on eligible balances.

• Is the Gold Account good for automatic savings?

  The Gold Account helps members build savings automatically through rewards, round ups, and promotional incentives.