Atlanta 3/16/2013 9:20:00 PM
Bank of Internet USA: Open an Interest Earning Account where you can Control your Interest Rate
Bank of Internet USA has an interest earning checking account where you are the one who decides how much interest you earn every month, to a certain extent. The Rewards Checking account choose your own interest rate based on the products and services you use during the month.
This is a tiered, variable rate account where your interest rate goes up the more you use the online banking products and services that Bank of Internet USA offer. The more you use the services and products such as with direct deposits totaling $1,000 or more, two bill payment transactions, or 1-5 Debit Visa® Card transactions or 6+ transactions the more interest you will earn to a limit.
At the end of time of your statement cycle date, Bank of Internet USA will determine the combined online banking products and services and calculate the aggregate interest rate to apply to your current statement cycle. While there is no penalty for missing a month, not performing the tasks that will earn you interest means that you will not have any interest that month.
While controlling your own interest rate is the main focus of the account, there is also a convenience factor that is important to take note of. This account is designed to help you save money while earning more interest. There are no monthly maintenance fees and no monthly minimum balances to worry about, and with the Purchase Rewards program, you will save money at all the places you at which you love to shop.
This is just another way Bank of Internet USA makes online banking better.
Open an account today and reward yourself with easier online banking and a higher interest rate.
For more information call the oldest and most trusted internet bank at 1-877-541-2634
