Bank of Internet Rewards Checking Account Offer

bank of internet usa

Bank of Internet 1.25% Rewards Checking Account Offer

Bank of internet is offering a rewards checking account with 1.25% APY. It is a full-feature, no-fee checking account with a high-yield rate, ATM refunds, cash back rewards, and free online banking and bill pay.

Sign up today to take advantage of this great rate!

Annual Percentage Yield (APY) was updated as of June 16, 2015. This account requires a $100 minimum deposit to open. This is a tiered, interest-earning, variable rate account. All daily collected balances greater than $150,000 will not earn interest. Your interest rate can be as high as 1.25% based on the following combined rate rewards: direct deposits (not including intra-bank transfers from another account) totaling $1,000 or more each month will earn .4166%; at least ten (10) point-of-sale transactions per month using your Rewards Checking VISA Debit Card for normal everyday purchases with a minimum of $3 per transaction will earn .4166%; and fifteen (15) or more point-of-sale transactions per month using your Rewards Checking VISA Debit Card for normal everyday purchases with a minimum of $3 per transaction will earn .4166%. Qualifying transactions must post and clear the account during the monthly qualification cycle.