Bank Gloucester has a great rate on their Reward checking account

May 04, 2011

By Bank Specials Guru | Money Rates Columnist

BankGloucester - Reward checking

Account Type: Checking Account

Special Type: Rate

BankGloucester has a great free checking account. The Reward checking account is a free account that earns a pretty good interest rate. All you need to do to earn the 3.01 percent APY is meet their requirements each cycle.

What you get:

 

  • 3.01 percent APY on balances up to $25,000.00
  • 1.01 percent APY on balances over $25,000.00
  • ATM refunds

What they require:

  • Open a Reward checking account with BankGloucester
  • Minimum balance to open account is $50.00
  • Use online banking to receive statement electronically
  • Use debit card 10 times or more for purchases each cycle
  • Utilize direct deposit or have one or more automatic payments
  • APY may change at any time after account opening
  • Available on personal accounts only
  • Account will earn 0.10 percent APY during cycles where requirements are not met
  • Account will not receive ATM refunds during cycles where requirements are not met
  • Contact BankGloucester for full disclosure and details

BankGloucester has been FDIC insured since February 10, 1986. Their main office is located in Gloucester, MA.

BankGloucester - Reward checking

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