RITE Interest Checking
Get paid to bank with us with an interest earning checking account. You’ll earn high interest every month (up to 0.50% APY*) just for doing a few banking basics, like using your debit card. You’ll also get unlimited rebates on your ATM surcharges, nationwide*—so every ATM is your ATM. Add a RITE Savings account to make saving even easier.
- 0.50% APY* on balances up to $25,000
- 0.50% to 0.14% APY on balances over $25,000 depending on balance in account*
- 0.02% APY* if qualifications aren’t met
- Unlimited rebates on ATM surcharges, nationwide*
- No minimum balance to earn rewards
- No monthly service fee
- Free online banking, bill pay and external transfers
- Free mobile banking including mobile deposits
- Free Debit/ATM card available with no annual fee
- Free eStatements
- $25 minimum deposit to open
How to Earn Your Rewards (It’s Easy!)
To earn your rewards, just complete the following transactions and activities in your RITE Interest Checking account during each Monthly Qualification Cycle*:
- Have at least 10 debit card purchases post and settle
- Be enrolled in, receive and review eStatements
- Have at least 1 direct deposit or automatic payment (ACH) transaction post and settle
If you don’t meet these qualifications, your account is still free
Plus, you’ll earn our base rate and can get right back to earning full rewards the very next cycle that you qualify.
*Qualification Period is the time in which a customer must have met the account minimum requirements. This must occur on or after the Begin Date and finish no later than the End Date.
Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF)
*APY=Annual Percentage Yield. APYs are accurate as of [Today’s Date]. Variable rate account. Interest rates are determined at the Bank’s discretion and are subject to change at any time. If qualifications are met each monthly qualification cycle: (1) Unlimited national ATM surcharges posted and settled during monthly qualification cycle will be reimbursed and credited to account on the last day of monthly statement cycle; (2) balances from $.01 up to $25,000 earn 0.50% interest rate, resulting in an APY of 0.50%; and (3) balances over $25,000 earn 0.O5% interest rate on portion of balance over $25,000, resulting in 0.50% – 0.14% APY depending on balance in account. If qualifications are not met, all balances earn an interest rate and APY of 0.02% and account does not receive ATM surcharge rebates for that period. To qualify you must have at least: (1) 10 posted and settled Debit Card purchases. (ATM transactions and debit card purchases processed as ATM transactions do not count towards qualifying debit card purchases); (2) Be enrolled in, receive and review eStatements; and (3) Have 1 direct deposit or automatic payment (ACH) post and settle during the monthly qualification cycle (transfers between accounts within our bank or via online banking do not count towards qualifying ACH or bill pay transactions). Qualifying transactions must post and settle to account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post and settle to an account. “Monthly qualification cycle” is in line with your “Statement Cycle”. “Statement Cycle” means the period of time for which the Bank provides a summary of the financial activities and transactions that post and settle to your account. If monthly qualifications are not met, this account will still function as a free account, with no monthly service fee. Minimum to open account is $25. No minimum balance required to earn rewards or maintain account. If account balance is $0.00 or less for 60 consecutive days the account will be closed. Available as a personal account only.