Cash Back Savings
This premium savings account is linked to your Cash Back Checking account, which means the cash back from your debit card and nationwide ATM fee refunds are automatically deposited into your Cash Back Savings account.
- 1.01% APY1 on balances up to $20,000.00
- 0.20 % APY1 on balances greater than $20,000.00
- 0.05% APY1 on balances if Cash Back Checking qualifications are not met
- Free Internet Banking
- Free Mobile Banking2
- Free e-Statements
- Free Bankline
- FDIC Insured
To earn the above rewards simply do the following each monthly qualification cycle:
- Have at least 15 debit card purchases post and settle
- Be enrolled and access Internet Banking
- Be enrolled and review e-Statements
There is no need to worry if you don't meet the Cash Back Checking qualifications on any given cycle. You still earn our base rate of 0.05% APY, and you get the opportunity to qualify again the very next monthly qualification cycle!
1APY=Annual Percentage Yield. APYs accurate as of 09/01/2015. Rates and may change after account is opened. Minimum to open is $25 for Cash Back Savings. When monthly qualifications are met on the Cash Back checking, you will receive 3% cash back on debit card purchases that post to and settle account during monthly qualification cycle up to a total cash back of $15 per monthly qualification cycle. Nationwide ATM fees incurred during qualification cycle will be reimbursed up to $20 (up to $4.99 per single transaction) if qualifications are met within monthly qualification cycle. Qualifying transactions must post to and settle account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” means a period beginning one business day prior to the first business day of the current statement cycle through one business day prior to the close of the current statement cycle. Cash Back checking rewards will be credited to your Cash Back Savings account on the last day of the monthly statement cycle. If qualifications in Cash Back checking are met each monthly qualification cycle: (1) balances up to $20,000 in Cash Back Savings receive an APY of 1.01%; and (2) balances over $20,000 in Cash Back Savings earn .20% interest rate on the portion of the balance over $20,000, resulting in 1.01% -.20% APY depending on the balance. If qualifications are not met on Cash Back Checking , all balances in the Cash Back Savings earn .05% APY. ATM receipt must be presented within 30 days of transaction for reimbursement of ATM fees of $5.00 or higher.
2Mobile data and carrier charges may apply.