Massachusetts-based Danversbank is offering a competitive 4.01% APY on their Free Reward Checking account. Consumers interested in taking advantage of this offer should know the terms including:
- $100 minimum opening balance
- Interest applies to deposit amounts ranging from $0.01 – $25,000
- Deposit amounts above $25,000 will earn a .25% APY
- No daily minimum balance requirements required
- No monthly maintenance fees apply
- Account linked to debit card reward program
- ATM fee refunds when account meets certain qualifications (including making 12 monthly debit card transactions, opt into e-statements, sign on and utilize online banking and sign up for direct deposit)
- FDIC insured up to $250,000
- DIF Covered up to $250,000
Applications for the Free Reward Checking accounts can be completed online. Dansversbank’s history dates back to the financial institution’s founding in March of 1850. The bank has locations throughout Essex, Middlesex and Suffolk Counties in Massachusetts.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
