For those in a collective bargaining agreement, this would be a pretty good manufactured spending opportunity. The terms do not explicitly say how much is needed for the direct deposit, but the chance for a 5.10% APY savings account for up to $5,000 is hard to miss.
More details of the card can be found here. After successful account creation, all you need to do is fund it with Moneypaks that you purchase with a credit card, and just like that you will be earning 5% interest.
Fee structure to the card can be found here. Since I am not in a union, I can’t comment or discuss further than what’s presented on the site.
