Here’s the legal stuff:
APY=Annual Percentage Yield. Bonus Checking is subject to a tiered variable rate. 2.00% APY applies to balances $0 to $25,000. 0.05% APY applies to balances over $25,000. APY accurate as of 1/1/2023. Rates may change after account opening. Fees may reduce earnings. If monthly qualifiers are not met, rate will be 0.00% APY.
In order to earn dividends at the disclosed rate, during each monthly qualification cycle you must: (a) use your Bonus Checking account debit card or Numerica credit card on the same member account for a combination of 12 transactions of $5 or more (excluding ATMs); and (b) consent to receive your periodic statements electronically (eStatements). Each qualification cycle will begin on the last business day of the preceding monthly statement cycle and end on the day that immediately precedes the last day of the current monthly statement cycle. Qualifying transactions must post and settle to your account during this period.
General Bonus Checking requirements
There is a limit of one Bonus Checking account per primary member (based on Social Security Number). The minimum amount required to open a Bonus Checking account is $25. No minimum balance is required to earn dividends as long as monthly qualifiers are met.
**All loans subject to approval. Up to 0.50% loan discount includes: (a) 0.25% discount when you set up automatic payments from a Numerica checking account, such as Bonus Checking; and (b) 0.25% relationship discount with another Numerica loan or credit card.
***Monthly qualifiers for Bonus Checking must be met for ATM fees to be refunded.