Member Rewards - Earn more today!

Did you know you're part of one of the best credit union Member Rewards programs in Canada?

Being an Innovation member means you get to share in the success of your credit union! When you become a member, we'll open a Member Rewards account for you. And you might be interested to learn that we just deposited $1.198 million to Member Rewards Accounts this quarter!

There are three facets of the program: Save, Earn, and Give.

How Do I Save? Expand/Collapse

Members save on fees!

  • Our No-Fee Account saves members as much as $300/year in bank fees.  Sign up today!
  • Our ding free® ATM network saves members an average of $2.50/month or $30/year.  Learn more.

Members save more for their futures!

How Do I Earn? Expand/Collapse

Members earn cash dividends they can use today AND cash we tuck away for them in a long-term investment with a great rate. It's like a stash of secret cash you wish you always had. This includes a $5 per quarter youth cash dividend for members 18 and under.

What bank would do that?

The amount we give is based on interest paid on your loans and earned on your investments in the following accounts:

  • Interest-bearing operating accounts
  • Savings accounts
  • Term deposits
  • Loan and mortgage accounts
  • Line of credit

Our members have earned approximately $32.2 million over the past 12 years simply by doing business with us!

Can I withdraw funds from my Member Rewards account?
You can withdraw your cash dividends anytime you like. Simply transfer the available cash balance from your Member Rewards account to your operating or savings account.

Or if you'd like to earn larger dividends, leave the cash dividends in your Member Rewards account. Since dividends are based on your Member Rewards account balance, the larger the balance, the greater your next payment. We offer a very attractive dividend rate, which provides you with a great return!

You can withdraw money from the long-term investment portion of your Member Rewards account when:

  • Your balance reaches $5,000 (personal members) or $10,000 (business members). 


  • When you reach age 65.  A $5.00 balance will be retained in your account, but you will have access to anything over $5.00.

How Do I Give? Expand/Collapse

Your business also translates into support for your community!  Over the past 12 years, our members have helped us give back approximately $6.29 million to the communities we serve. Here's our 2018 community investment totals:

  • $508,491 in sponsorships and donations
  • $35,500 in scholarships and spirit awards
  • $18,200 in donations to charity by staff
  • 14,021 staff volunteer hours
To learn more details, visit the community area of our website.

Online banking and mobile app feature Expand/Collapse

See how much you save, earn, and give easily in real-time through our Member Rewards feature in both our mobile app and online banking! 

There's also a Member Rewards calculator to help you see how you can earn more.

How to access in the app

Mobile app

How to access in online banking
Online Banking

Haven't downloaded our mobile app yet? It's easy!
Member Rewards Day

If you're interested in opening an account or have questions about our Member Rewards program, we'd love to help:

Apply Now

From the Cubicle of Our CEO

Federal Continuance

For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.

Caring Company