Bank2 is committed to helping their customers. With their free interest checking, it makes you money, not the other way around. You can receive great benefits at no cost to you – no minimum balance or monthly service charges. All it takes is $100 to open this account.
With Bank2’s Great Rate Checking account, you can earn 3.01% APY on balances up to $15,000. Plus, you can be reimbursed for ATM fees. The following need to be done to qualify for the Great Rate and ATM fee refunds:
- Access online banking
- Receive free paperless e-Statements
- Have at least one monthly direct deposit post and clear the account
- Have at least 12 point-of-sale debit card purchases post and clear the account
Even if you can’t meet the qualifications, Bank2 will reward you with 0.10% APY and if you have a balance over $15,000, expect to earn 0.51% APY. As of May 6, 2009, Bank2 changed the policies on this account. There is a limit of 2 accounts per customer and/or household, plus this offer is limited to Oklahoma residents only. It can be offered to Bank2 loan customers though.
ATM fees will be refunded up to $50 on the last day of the cycle only when qualifications have been met and also it’s important to note that the qualifying transactions must post and clear the account during the monthly qualification cycle.
If you are an Oklahoma resident, take advantage of this great interest bearing account.
Terms & Conditions: APY is accurate as of 9/7/11. Rates, rate tiers and qualifications are subject to change without notice after the account is opened. Fees may reduce earnings.