Checking
Everyday Checking
A simple account for daily spending
No monthly fee
- No minimum opening deposit
- Fee-free access at 12,000+ ATMs
- Early direct deposit up to 2 days sooner
FDIC insured up to $250,000
Banking that moves with you
Open an account in minutes, earn more on your savings, and manage everything from one simple app. No hidden fees, no surprises.
256-bit encryption and 24/7 fraud monitoring
3.2M+Customers nationwide
12,000+Fee-free ATMs
4.8/5Average app rating
24/7Live customer support
Accounts & products
Everything you need to bank with confidence
From everyday spending to long-term goals, choose the accounts that fit your life. All backed by Vela's security and support.
Savings
High-Yield Savings
Grow your balance faster
4.30% APY
- No monthly service fee
- Automatic savings rules
- FDIC insured up to $250,000
Credit Card
Horizon Rewards Card
Earn on every purchase
2% cash back
- No annual fee
- Unlimited 2% cash back
- 0% intro APR for 15 months
Loan
Home Loans
Financing for your next move
From 6.125% APR
- Fixed and adjustable rates
- Personalized rate quote in minutes
- Dedicated home loan advisor
Why Vela
A modern bank, built around your day
We pair the reliability of an established bank with the speed of a modern app, so managing money never gets in your way.
Bank from anywhere
Deposit checks, pay bills, and move money in seconds from the top-rated Vela app.
Get paid early
Set up direct deposit and access your paycheck up to two days sooner.
Smart insights
Automatic budgeting and spending trends help you stay on top of every dollar.
Real human support
Reach a live specialist 24/7 by phone, chat, or at a branch near you.
Today's rates
Competitive rates, clearly stated
Put your money to work with rates that stay ahead of the national average.
High-Yield Savings
4.30% APY
No minimum balance required
12-Month CD
4.65% APY
$1,000 minimum to open
30-Year Fixed Mortgage
6.125% APR
Rate as of today, subject to change
Rates shown are for illustration and are subject to change. APY = Annual Percentage Yield. APR = Annual Percentage Rate.
Security first
Your money, protected around the clock
Security is built into everything we do. Vela combines bank-grade protection with 24/7 fraud monitoring so you can bank with total peace of mind.
256-bit encryption
Your data is protected in transit and at rest, every time.
Biometric sign-on
Log in securely with Face ID or a fingerprint.
Real-time alerts
Instant notifications for every transaction on your account.
FDIC insured
Deposits are insured up to $250,000 per depositor.
Open your Vela account in minutes
No monthly fees, no minimum balance, and no paperwork. Get started today and see why millions bank with Vela.