Sierra Reward Checking
With Sierra Reward Checking, you get more than just a free checking account. You also get an account that pays you back -- with a sky high interest rate, no monthly service charge, monthly eStatements, and so much more.*
Click the "microsite" button below to see a short video about this product!
- Features
- Earn 4.51% APY on balances up to $25,000¹*
- Earn 1.01% APY on balances above $25,000 ¹*
- If monthly qualifications are not met, you still earn .12% APY*
- Reimburses up to $25.00 in ATM fees nationwide per statement cycle¹ ³
- Free eStatement every month
- Free Sierra Bill Pay
- Free Sierra Check Card
- No monthly service charge
- Overdraft protection available with a savings account or apply for a line or credit. ²
- Only $50 to open
Qualifications:
- Minimum 12 Sierra Check Card purchases per statement cycle³
- Minimum one direct deposit or automatic payment from your account per statement cycle³
- Make at least one payment using Sierra BillPay per statement cycle³
- Receive eStatements
- Must be opened online
¹ When you meet the minimum qualifications for that statement cycle
² Subject to Bank approval
³ Statement period ends the first Thursday of every month, meaning that the qualifying number of days will vary from month to month
*Annual Percentage Yield (APY) accurate as of June 29, 2009. Minimum to open account is $50. Rate tiers are as follows: 4.51% applies to balances of $.01 - $25,000 and 1.01% paid on balances over $25,000 as long as qualifications are met each statement cycle. .12% will be earned on all balances if qualifications are not met. All balances will earn 1.01 - 4.51% as long as qualifications are met. Rates may change after the account is opened.
New accounts funded by credit card transactions will be treated as a cash advance and your credit card issuer may impose a cash advance fee. Please contact your credit card issuer if you have a concern regarding a cash advance fee.
