Atlanta 3/22/2013 6:05:00 PM
News / Finance

Take Control of Your Own Interest Rate with Bank of Internet USA’s Rewards Checking Account

Bank of Internet USA has developed an online bank checking account that rewards its users with the power to control their own interest rate. When you use the products and services that you routinely use during online banking, you have the unique ability to increase your interest rate. That is the power that Bank of Internet USA gives you through their Rewards Checking account.

The Rewards Checking account is best described as a tiered, variable rate account based on the products and services that you use each month. Not all the applications on the account help you earn more interest but the ones that do are direct deposits totaling $1,000 or more, two bill payment transactions, or 1-5 Debit Visa® Card transactions or 6+ transactions.

Once your statement cycle is complete, Bank of Internet USA will determine the combined products and services that you have used since the previous cycle date and, using the daily balance method, calculate the interest on your account. This is how to use this online bank checking account to its full potential.

While you are earning more interest, you can also save money using the Rewards Checking account’s other applications and features. These include earning cash back with Purchase Rewards at your favorite places to shop or even online.

There are also programs that simply make online banking easier such as Popmoney which allows users to send money to people as easily as sending a text message or email. In fact, all you need to complete the transfer is account information, email address or phone number.

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