CharterBank is offering a competitive 5.01% APY on its RewardsChecking Account. Here are the rate tiers and features on the account based on meeting monthly requirements:
- 5.01% APY on balances up to $25,000
- 1.01% APY on the portion of the balance over $25,000
- 0.101% APY base rate if the monthly requirements are not met
- ATM fee refunds up to $20 per cycle
The monthly requirements for the account include:
- 10 check card purchases
- 1 direct deposit or automatic payment
- Receive online statements
Some extra features of the account include a $50 minimum initial deposit, no minimum balance requirement, and no monthly service charges.
There’s an online application to open the account; however, it must be printed and taken to a branch location to finish the process.
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
