Free NE.Bank Rewards Checking Accounts
*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. “Monthly Qualification Cycle” coincides with the rewards checking statement cycle. Statement & Qualification Cycle: runs from the 16th of each month through the 15th of the following month.
NE.Bank High Interest Checking Reward Information: You will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle: Balances up to $25,000 receive APY* of 2.50%; and balances over $25,000 earn 0.20% interest rate on the portion of balance over $25,000, resulting in a range from 2.50% to 0.20% APY* depending on the account's balance. NE.Bank Cash Back Checking Reward Information: You will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle: 2.00% cash back on up to a total of $300.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $6.00 cash back may be earned per Monthly Qualification Cycle.
In addition, you will receive reimbursements up to $25 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursement of individual ATM fees of $5.00 or higher. When your NE.Bank account qualifications are not met cash back payments are not made. Rewards will be credited to your NE.Bank rewards account on the last day of the current statement cycle.
APY* = Annual Percentage Yield. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, logins and other requirements apply. $100 minimum deposit is required to open the account. Must be enrolled in and agree to receive e-statements. Monthly Direct Deposit/ACH credit/Billpay and twelve (12) debit card purchases post and settle to account are qualifications of these accounts. Limit one account per individual taxpayer identification number. This account is not to be used for commercial purposes. There are no recurring monthly maintenance charges or fees to open or close this account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions.