Alliant Credit Union

Finance
1802

I do that - but I also pay all my bills out of the account there’s usually a few grand that they are paying 0.25% on, so perhaps that’s good enough for them.

1803

Yikes indeed. Cant believe its that time of year again already.

1804

Someone needs to infiltrate those “member meetings” at which the “votes” take place. I bet they’re imaginary.

3 Likes
1805

I’m just thinking, someone’s going to get hit. Our group of members usually are on the chopping block.
I get a 1099 from Alliant for 2023 taxes, surprised me. I thought I was long gone from Alliant…

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1806

You membership was closed last April. Meaning your accounts were earning interest for a full quarter of the year. Of course you got a 1099.

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1807

Of course you’re right! Time flies by fast but I thought I was ousted years ago.

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1808

This sounds like a job for our MIA friend, @shinobi !

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1809

I just calculated my reward returns on 2023 Visa spending at Alliant. If I subtract a possible 5% return from the $1K in checking ($50), my rewards come to 2.375%.

I’m anticipating this year’s spending will have rewards around 2.25%.

I keep the checking balance close to $1K.

I’ve checked out 2% cards but Alliant’s 2.5% is still better.

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1810

You have to spend more to save more! :crazy_face:

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1811

It is very odd that the meetings are such a secret. I received another email today from a national credit union about their annual member meeting. Onsite or virtual, registration links. Very open and easy.

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1812

Ugh, I just did the same, but mine for 2023 was 1.9%. Disappointing… So I plan to pickup the spending a bit. If not, I should just go back to Citi DC or Fidelity. Thanks for the prompt!

1813

Northwest FCU has a 2% card.

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1814

I wish they would drop the virtual option. I feel less comfortable writing off travel expenses to annual meetings when I could attend virtually. :frowning:

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1815

You sir are a model for us all. I would have never thought to arrange travel to these annual meetings, much less consider their tax impact.

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1816
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1817

Oh good, they’re exploring AI :slight_smile:

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1818

Wish I could claim it was original. It was my second accountant - after my first one kept me in Hawaiian macadamia farms a year too long. :frowning: His two pieces of advice:

  1. Have more than a nominal amount invested.
  2. Make sure they have their annual meetings in Europe in the summer or the Carribean/mid-Atlantic in the winter.

I have followed his advice with nary a blink from the infernal revenuers. :slight_smile:

3 Likes