Everyone has different needs. Whether Rewards Checking or High Interest Checking works best for your needs, both accounts offer you the tools you need to make online banking a successful experience.
Rewards Checking offers a buildable interest rate up to 1.25% APY. This means that the more you use your bank account and your Visa debit card, the higher reward rate you get. Online Rewards Checking only requires $100 to start and there are no monthly maintenance fees, nor any monthly minimum balances.
High Interest checking offers a fixed interest rate of .71%. This rate never changes regardless of how often the account holder utilizes the
online banking features. The cost of start up for a High Interest Checking account is significantly higher at $500 and charges a $7.50 monthly maintenance fee if the account’s monthly average falls below $5,000.
Although there are noticeable differences between
Rewards Checking and High Interest Checking accounts, both accounts offer the same great online banking products and services. From free online transfers, to money management software, and even overdraft protection, Bank of Internet makes it easy to do all of your banking online. Visit Bank of Internet today and decide which account is best for you.
