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Ultimate Rewards Checking

4.65% Annual Percentage Yield 4.65% Annual Percentage Rate

Our Ultimate Rewards personal checking account offers a high yield — up to 4.65% APY* on balances up to $15,000 — to reward you for helping us run our bank efficiently. There’s no minimum balance required and we include an All America Bank Mastercard® debit card for secure purchases and access to 1,000s of ATMs worldwide. *APY is Annual Percentage Yield

 

 

 

  • Free Online Banking

  • Free Mastercard® Debit Card

  • Free Apple Pay, Samsung Pay and Google Pay

  • Free ATM Transactions Worldwide**

  • Free Daily Email Notification if Overdrawn

  • Free Bank-to-Bank Transfers

  • Online Bill Pay***

  • No Minimum Balance

Free Online Banking

Free Mastercard® Debit Card

Free Apple Pay, Samsung Pay and Google Pay

Free ATM Transactions Worldwide**

Free Daily Email Notification if Overdrawn

Free Bank-to-Bank Transfers

Online Bill Pay***

No Minimum Balance

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This account includes:

Extraordinary Mastercard® benefits include:

  • Person-to-Person Transfers
  • Overdraft Privilege****
  • Direct Deposit
  • Mobile Deposit
  1. Earn 4.65% APY when you have up to $15,000 in your account. Amounts over $15,000 will earn 0.50% APY. The APY for this tier will range from 4.65% to 0.50%.  If you don’t meet the transaction requirements outlined below, you’ll earn 0.25% APY*. We will pay interest earned by your account at the end of each monthly billing cycle.  APY is Annual Percentage Yield.

  2. **We will refund up to $25 of foreign ATM fees each monthly statement cycle in one lump sum.

  3. Open this account with a minimum deposit of $50 in person.  Open this account with a minimum deposit of $500 online.

  4. There is no minimum balance required to maintain this account.

  5. There is no monthly service charge.  Learn more about this account.

  6. Transaction Requirements:  To receive rewards from Ultimate Rewards personal checking account, participants must:

    1. Make 10 All America Bank Mastercard® debit card transactions per monthly statement cycle. Please refer to #9 below.

    2. Receive your statements electronically.

  7. Fees could affect the earnings on this account. Fee Schedule.

  8. Our monthly statement cycle ends on the 20th of each month. If the 20th falls on a Saturday, the cycle will end on Friday the 19th. If the 20th falls on a Sunday, the cycle will end on Monday the 21st. There are no rollover transactions.

  9. Qualifying Mastercard debit card sales transactions include each time you use your Mastercard® debit card to make a purchase from a vendor or merchant. These transactions must post and clear your account during the payment cycle. ATM and ACH transactions do not qualify.

  10. Annual Percentage Yield (APY) is accurate as of 9/23/2024.  Rate may change.

  11. ***Ten free Online Bill Pay transactions per month; $0.50 charge for each transaction over the 10 free transactions.

  12. There is a limit of two Ultimate Rewards Checking Accounts allowed per individual.

  13. This is a tiered account. 

  14. ****Overdraft privilege is available to customers who qualify. 

  15. Free eStatements with transaction images are available for viewing online.

  16. A $3 per month charge will be applied for paper statements.

  17. Wallet style checks are available.

  18. Learn more about our banking.