Better Interest Checking
2.00% APY on balances under $10,000
Better Interest
Be Rewarded
Any ATM is Your ATM
Access Anywhere
Deposit Money
- Earn up to 2.00% Annual Percentage Yieldi (account disclosures)
- No Minimum Balance or Monthly Fees
Nationwide ATM fee refunds (up to $20 per statement cycle)ii
Download our app from the Apple App or GooglePlay store
Deposit checks automatically with direct deposit.
Frequently Asked Questions
- What do I have to do to earn the high interest rate?
- Have 10 debit card transactions post and settle per qualification cycle (excluding ATM withdrawals)
- Have One Direct Deposit or one ACH debit post and settle per qualification cycle
- Receive electronic statement each qualification cycle
- What happens if I don’t meet the qualifications one month?
- If there's a month you don't meet the qualifications, don't worry, there's no penalty and you still have a free checking account that earns a base interest. Plus, the next month you qualify you'll be back to earning interest and receiving ATM fee refunds (up to $20 per cycle).
- How will I know if I meet the qualifications?
- There will be a message on your monthly statement stating if you have qualified or not.
- Is Better Interest Checking Insured?
- Yes. Better Interest Checking is fully backed by the FDIC.
- Is this too good to be true?
- Not in the least! You qualify each cycle when you do things like: using your debit card, receiving eStatements, and making an automatic payment or direct deposit. These activities help State Street Bank save money, which we pass along to you.
- Is there a minimum balance?
- No! That's one of the many great benefits of Better Interest Checking.
- Do I still get checks with this account?
- Yes, you can still get and use checks as you would with any checking account. After opening your Better Interest Checking account, contact Better Banks for details on ordering your checks.
- Will I be reimbursed for my ATM transactions after each withdrawal or at the end of the cycle?
- Your nationwide ATM fee refunds (up to $20) occur at the end of each statement cycle when qualifications are met.
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