Updated 8/20/20: Our Tech Square branch is open by appointment: Mon, Tue, Wed, and Fri 8:30 am - 4:30 pm, and Thu 8:30 am - 5:30 pm.  Our Lincoln Lab branch is open Tue and Wed, 8:30 am - 4:00 pm. Please call 617-253-2845 for an appointment. Please visit MITFCU.ORG/COVID19Support for more information.

Smart Money Rewards

When you use direct deposit with an MIT Federal Credit Union Checking Account, you qualify* for Smart Money Rewards that enhances the value of your membership. There are no fees associated with this program, and the benefits add up immediately:

  • Receive a 0.25%** interest rate reduction when you select automatic payments on a new consumer loan, excluding Visa®, Home Equity Loans, and Mortgages
  • Reimbursement up to $5 in ATM surcharges each month when you use an out-of-network ATM
  • Replacement of your lost, stolen, or damaged MIT Federal Credit Union ATM, Debit MasterCard®, or Visa® credit card free of charge
  • Receive free orders of basic, single checks when you contact us

*To qualify for Smart Money Rewards, you must have an active checking account and a minimum of $100 monthly in direct deposit funds to your MIT FCU checking account. If at any time MIT FCU no longer receives at least $100 per month via direct deposit, or if your Checking Account is closed or becomes inactive (zero transaction[s] within the past 90 days), the rate on discounted loans will be increased by 0.25%, and you will no longer receive any of the benefits associated with Smart Money Rewards.

**Maximum dividend rate increase and/or annual percentage rate reduction is 0.50% in combination with other offers.