| Reward Checking Accounts |
What are Reward Checking Accounts?
These accounts usually offer a higher premium
rate for customers who meet certain monthly
requirements such as:
- Make 10 to 20 signature-based or
PIN-based debit card
transactions.
- Make 1 direct deposit, auto-debit,
and/or online bill payment.
- Receive electronic statements only, no
paper/mail statements.
- Log into your online account at least
once.
- Maintain a balance of usually under
$25,000.
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| Charter Bank - TurboChecking
(6.01%) |
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TurboChecking.
To earn the bonus rates, perform these
requirements each monthly cycle.
- Make at least 13 debit card
transactions monthly (excluding ATM
transactions).
- Receive one direct deposit or ACH
auto debit monthly.
- Receive your monthly statement
electronically (e-statement).
- Access on-line banking at least once
before month end.
Notes:
- Minimum Balance: $0 (opening balance
of $100)
- Monthly Fee: $0
- Hard Inquiry: No
- Earn 6.01% APY on balances up to
$25,000.
- Earn 1.01% APY on balances over
$25,000.
- Earn 0.25% APY if requirements are
not met.
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