Features
What is the minimum opening deposit?
$0
True or False: There are no debit card foreign transaction fees
True
Once you meet the level one requirements how long does it take for the rewards to go into effect?
The following month.
How often is the dividend period?
Monthly.
Is this account considered to have tiered dividends?
Yes.
What is the limit on checks, transactions, or transfers?
There is no limit.
If you reach level 2 how many free wires do you get per year?
1
True or False: You need 5+ combined debit or credit card purchases for one of the level 1 requirements for rewards.
False
If your balance is under $5,000.01 what is the dividend rate/ APY for level 1?
3.00% / 3.04%
Are you able to see your current status and keep track of your progress through online banking or the mobile app?
Yes
What level do you have to reach the requirements with to avoid a $5 monthly service fee?
Level 1
What are at least 2 rewards from level 1?
Enhanced dividend rate within product
$5 service charge waived
Certificate rate boost (+0.25%) on all qualifying certificates*
Free cashier’s checks and money orders
No debit card foreign transaction fees
What average balance do you need to be sitting at to qualify for level 2?
$10,000+
If your balance is between $5,000.01 and $10,000 what is the dividend rate/APY for level 2?
4.00% / 4.07%
In order to get your credit card bonus points, what is the monthly credit card purchase minimum?
$500
How long is the monthly service charge grace period?
2 months.
What are at least 2 of the level 2 rewards?
Enhanced dividend rate within product
$5 service charge waived
Certificate rate boost (+0.50%) on all qualifying certificates*
Consumer loan rate discount (-0.25%) on all qualifying loans*
1 free wire per year
Free cashier’s checks and money orders
No debit card foreign transaction fees
500 Credit card rewards bonus points each month with $500 rewards credit card spend
What is one requirement that level 1 and level 2 share? (there are three)
Online statements, direct deposit, and 10+ debit or credit card purchases.
If your balance is between $10,000.01 and $25,000 what is the dividend rate/APY level 1?
0.40% / 0.40%
True or False: You can have more than one Relationship Rewards account per SSN.
False
Can a different account be converted to a Relationship Rewards account?
Nope :)
If you qualify for level 2 rewards how much of a certificate rate boost do you get?
0.50%
For the 10+ debit/credit card purchase requirement, all purchases must be posted between what 2 dates?
The 26th of the former month and the 25th of the current month.
If your balance is $100,000.01 or more what is the dividend rate/APY for either level?
Level 1: 0.75% / 0.75%
Level 2: 0.75%/ 0.75%
Member classes eligible for this checking account are?
100-personal
101-employee
170 trust (with ssn)