It's the best of both worlds! Rewards Interest Checking is an interest bearing account plus the ability to earn cash rewards. This account is ideal for customers who maintain a balance of $500 or more and frequently use a debit card.
- Initial $100 deposit required
- Monthly service charge of $6 and Withdrawal Fee of $0.30 per debit applies if the daily balance falls below the $500 minimum requirement during a statement cycle
- Interest bearing account on a daily balance of $500 or more
- Statements and check images are available by mail or online
You may earn additional cash with everyday debit card transactions during the Rewards Period*. No points to redeem, no miles to expire, just cash back in your account by the 5th of the month following the Rewards Period for qualifying transactions.
We will reimburse up to $10.00 of foreign and Anderson Brothers Bank ATM fees that post/clear the account during the Rewards Period.
*The Reward Period is the first business day of the calendar month through the last business day of the calendar month. A business day is defined as Monday through Friday, excluding holidays. Rewards will be paid by the fifth (5th) business day of the following month. ATM and pending debit card transactions do not earn Rewards; only debit card purchases that actually have the final transaction "settle," or "post," to the account during the Reward Period will be considered for rewards. Any potential rewards or rebates will not be paid if the account is closed before the end of the Reward Period.
*We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day of your deposit. For interest checking, savings and money markets, we may change the interest rate on your account at our discretion. For CDs and IRAs, your interest rate will not change until maturity.