GENERAL FEATURES


What makes this account so "rewarding"?

THE RATE

Is this just a teaser rate? How soon will my rate change?

We currently have no plans to change the rates.

What if I put in more than $25,000?

Balances up to $25,000 earn an APY of 5.00%. Balances above $25,000 earn 0.50% interest on the portion over $25,000, resulting in an overall APY ranging from 5.00% to 1.40%, depending on your balance, as long as you meet reward requirements.

ATM FEES

Are all ATMs free?

Meet the qualifications each cycle, and domestic ATM fees (up to $4.99 per transaction, up to $15 total per cycle) will be refunded. ATM fees generated by Automated Teller Machines located within the United States qualify for reimbursement.

REWARDS AND REQUIREMENTS

How do I qualify?

It's easy—use the services that come free with your Checking Account:

How will I know that I qualified for my rewards?

We'll email you at the end of each cycle to confirm your qualification.

If I meet the requirements, when will I receive my rewards?

Rewards, including ATM fee reimbursements, will be credited to your account on the last day of the monthly statement cycle.

What if I don't qualify in any given month?

If you don't qualify, you still earn 0.01% APY on your balance and retain all account features. Each new cycle is an opportunity to qualify again.

DEBIT CARD USAGE

Does a debit card reversal count against my requirements?

Yes, reversals will reduce the total number of transactions.

Can I roll over unused debit card transactions to the next cycle?

No. Each qualification cycle starts fresh.

If my debit card arrives late, will I still qualify for rewards in the first cycle?

Yes, you will automatically receive all rewards for your first cycle, even if you don’t meet the requirements.

E-STATEMENTS AND ELECTRONIC ACCESS

Do I have to access my e-Statement online to qualify for rewards?

No, but you must accept electronic delivery of your statements.

Can I open an account even if I don’t own a computer?

Yes, you can use free computers at libraries or other facilities to access your account.

ACCOUNT LIMITS AND FEES

Is there a limit to how much money I can keep in my account?

No, there is no limit. Feel free to consolidate savings, CDs, or accounts from other institutions.

Are there any fees for online banking or the debit card?

No, these services are free, regardless of usage.

OPENING/CONVERTING ACCOUNTS

What is the minimum deposit to open an account?

A $100 minimum deposit is required to open an account.

Can I open an account online?

Yes, you can start the process online. A representative will contact you to finalize the account opening.

Can multiple people use the same account?

Yes, joint accounts are allowed.

Can I open multiple accounts?

Yes, you may open multiple accounts, but each account must meet its reward requirements independently.

MISCELLANEOUS

How long is a qualifying cycle?

A cycle begins one day prior to the first day of the statement cycle and ends one day prior to the close of the current statement cycle.

What is APY?

APY stands for Annual Percentage Yield. It represents the interest earned over a year, assuming all interest is compounded.

Do regularly scheduled transfers count as automatic debits?

No, account-to-account transfers do not count toward the automatic debit requirement for earning rewards.

 

*APY=Annual Percentage Yield. APYs accurate as of 12/06/2024. Rates may change after account is opened. Minimum to open is $100. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $15 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $25,000 receive APY of 5.00%; and (3) balances over $25,000 earn 0.50% interest rate on portion of balance over $25,000, resulting in 5.00% - .50% APY depending on the balance. If qualifications are not met, all balances earn 0.01% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Transfers between accounts do not count as qualifying transactions. Fees may reduce earnings. ATM fees ($4.99 or below) generated by Automated Teller Machines located within the United States will be refunded (up to $15) when the qualifications are met each cycle.