Ariza Credit Union review

The Ariza Advantage account pays a variable rate of 3.5%, so the figure can move with the market rather than being locked for a term. The account kind is easy-access, which keeps the balance available to withdraw. Most savings accounts on the site are variable too, at 79%.

The monthly fee is XCD 0 and the account runs on a no-monthly-fee model, so holding it costs nothing to run. Across the site the median monthly fee is €0 and the top end is €449. What moves is the rate: 3.5% is variable, so it can shift either way.

Membership comes with a minimum deposit of XCD 520. That is well above the €0.11 median minimum across the site, and above the €21.82 upper quartile figure for savings accounts, so the entry bar is the main thing to weigh before you compare rates.

You open it at any Ariza Credit Union branch, and priority service is given to existing holders. That branch-first route suits people who prefer face-to-face service, and it fits the way the credit union supports members through email, phone and help centre.

Support runs on email, phone and help centre, so email, phone and a help centre cover most questions without a branch visit. That mix is in line with the wider site, where help centres appear on 86.1% of listings and phone support on 79.5%.

It is run by Ariza Credit Union Ltd., a credit union founded in 1947 and based in Grenada. Membership is the route in, so the minimum deposit of XCD 520 matters as much to the decision as the rate of 3.5%.

The variable rate of 3.5% sits below AXI Card at 21.59% and Plazo ES at 24.19%, and just above PayPal Colombia at 3.3%. On headline rate, Ariza ranks 184 among 473 brands listed here.