Bank of Internet is giving its Rewards Checking account holders the ability to pick their own interest rates. Each Rewards Checking account holder has the ability to choose the amount of interest they’d like to receive based on how often they use their account.
Rewards Checking account holders can earn a higher interest rate for a total of 1.25% APY by doing the things they would normally. They can earn a higher rate just by receiving direct deposits totaling more than $1,000 a month, or paying two bills with free online banking. They can even earn more rewards by simply using their Visa debit card to make purchases there were going to make anyway.
Bank of Internet compounds interest on a daily basis. This means you can see the money in your bank account grow faster than you would with other banks. If you do everything you can to qualify your account for a 1.25% APY interest rate, you can enjoy the benefits of a great interest rate and the extra money that comes with it, all with the convenience of online banking.
Rewards Checking is more than just a great interest rate. With each checking account comes unlimited ATM reimbursements, convenient online banking like MyDeposits, Bill Pay, mobile banking, and FinanceWorks, as well as free person online transfers, overdraft protection, and even a free pack of checks if you order when you open your account.
Visit Bank of Internet today and find out how a Rewards Checking account can benefit your financial health. Opening an account is easy to do and can be done right on your computer.