Choice Checking Cash Back Account
Rate information– There is no interest rate associated with this account.
Minimum Activity Fee – During the statement cycle, the account must have a minimum of 20 posted debit card purchase transactions to the account or a $20.00 monthly maintenance fee will be charged. The types of debits which qualify are, all PIN and Signature based transactions. When you access your account, on-line or receive a printout of your recent transaction history, there may be items listed as “in process” transactions. This means that there is a temporary hold on the funds in your account, however, the transaction is not considered “posted” until the actual item is processed by the vendor.
Minimum balance to open the account– You must deposit $25.00 to open this account.
Overdraft Fee – The overdraft fee is a $15.00 charge for each transaction. Transactions which would cause an overdraft include, but not limited to: created by check, in-person withdrawal, ATM withdrawal, Debit Card purchases, transfers, bill pay or other electronic means.
Additional Features – $0.25 per valid debit card purchase transaction, including PIN and Signature based, will be credited to your account monthly, not to exceed $25.00 per statement cycle.