Where does it say that checking accounts cannot give a good interest rate?
We are breaking that rule and giving you unlimited checking and interest, too, with True Rewards Checking. With this account, you get the best of both worlds: earn interest on your balance and write all the checks you want, with no per check charges.
Interest bearing - 2.01% Annual Percentage Yield (APY) on balances up to $25,000
ATM fees refunded nationwide (up to $25 per statement cycle)
Plus, at no additional charge:
- Unlimited check writing
- No minimum balance required
- NetTeller online banking
- Unlimited Bill Pay
- Clarity - Personal Financial Management System
- Mobile Deposit Capture - Make deposits via your Mobile Device!
- Visa Check Card
- $700 Automatic overdraft privilege after "Opt-In"
- FDIC insured
In order to receive the 2.01% APY on Balances up to $25,000 and ATM fee refunds, you must meet the following qualifications each statement cycle:
- Make 10 Visa® Debit Point of Sale (POS) Transactions (Not ATM) post and clear
- Have at least one direct deposit OR at least one ACH auto credit/debit to your account
- Enroll and receive E-Statements
- Access NetTeller online banking
- Minimum opening deposit of $100
If you do not meet the qualifications per cycle, your account will still function as a free checking account earning Base Rate 0.05% APY; however, it will not receive ATM refunds for that time period.
Balances between $0.01 and $25,000 will earn the reward rate each statement cycle when the minimum qualifications are met. Balances above $25,000 will earn the account rate 0.40% APY each statement cycle when the minimum qualifications are met.
We may change the interest rate and APY at any time after the account is opened. $25 cap on ATM fee refunds per statement cycle if qualifications are met. Rates effective as of January 20, 2015.