When you use your online Rewards Checking account from Bank of Internet, you have the potential to earn an interest rate of 1.25% APY. This means, the more you use your online checking account, or your Visa debit card, the higher rewards rate you get, up to 1.25%.
There are certain actions that will result in a higher interest rate for your Rewards Checking account. These actions are simple, and common to
online banking. For example, simply receiving direct deposits totaling more than $1,000 will earn a reward rate of .3125%. Using online bill pay to pay two or more bills will earn another .3125% APY. Even using your Visa debit card provided when you open an account will work your way towards the full 1.25% APY.
Earning interest is a great way to watch your bank account grow. Just think of it as being paid to use Bank of Internet’s
online banking services. These actions are common and will be performed regardless of an interest rate, so why shouldn’t you take advantage of what Bank of Internet has to offer and make some money off of it.
Opening an account with Bank of Internet is simple and can be done right from your computer. All you need is $100, a computer, and an internet connection. Bank of Internet offers a
Rewards Checking account and a High Interest Checking account. Visit Bank of Internet today and see which one is right for you.
