| Perfect Choice Checking |
Features: | - Premium interest earning checking account *
- No monthly service charge **
- No minimum balance requirements to earn interest
|
Benefits: | - 2.00% (APY) interest on balances up to $25,000
- 0.50% (APY) interest on remaining balances above $25,000
- 0.05% (APY) interest if requirements are not met ***
- ATM fee refunds nationwide ****
- Electronic statements
- Free single signature Traveler's Cheques
- $100 minimum to open account
- One free Pocket Pack checks (50 checks)
- Preferred rate on new installment loan (with Automatic Funds Transfer)
- Free Online Banking
- Free BillPay
- Overdraft Privilege *****
- Perfect Choice Checking FAQ
- Qualification Cycles
|
Monthly Service Fees
$0.00 Monthly Service Fee
* $100 minimum to open account. This is a multi-tiered variable rate account. That means that we will apply a different interest rate and ANNUAL PERCENTAGE YIELD (“APY”) to your account based on certain “eligibility requirements” and balance tiers as follows: Interest rate and APY may change at our discretion, including as often as daily. When the monthly account eligibility requirements are MET the APY on your account will be 2.00% on balances $25,000.00 and below. On balances greater than $25,000, the APY will range from 2.00% to 0.50%, depending on the balance. When the monthly account eligibility requirements are NOT met, the interest rate and corresponding APY on your account will be: 0.05% on all balances.
** Please see the Service Fee Schedule for additional fees and charges that may apply to your account.
*** Perfect Choice Checking eligibility: Must have a valid email address, and receive your statements electronically each month by accessing Tri Counties Bank’s Online Banking service. Must have one Direct-Deposit, or make one ACH debit, or one electronic TCB BillPay transaction during each qualification cycle. Must make a minimum of 12 “Qualifying Check Card point-of-sale transactions” (“Qualifying Transactions”) per qualification cycle. “Qualifying Transactions” means check card point-of-sale transactions in which Owner(s) use(s) Check Card to obtain customary goods or services (subject to review by Bank). “Qualification cycle” means a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle. Limit one Perfect Choice Checking Account per primary account owner. Owner(s) must be at least 18 yrs old.
**** If you have met your eligibility requirements for the month, we will refund domestic ATM fees up to $5.00 per transaction and $20.00 per qualification cycle. Other conditions may apply. See branch for details.
***** Personal checking accounts that have been open for at least 60 days may be eligible for Overdraft Privilege.
