It’s better than free!  We actually REWARD you for helping us to operate more efficiently.

Ultimate Rewards Checking is a free personal checking account that offers the highest possible interest rate of 1.50% APY*.. No minimum balance is required. Ultimate Rewards Checking offers the added convenience of an All America Bank® VISA® CheckCard to access ATMs worldwide and for secure debit card purchases. Enjoy all of the great benefits of a Ultimate Rewards Checking account:

 

1.50% APY*

  • FREE Online Banking
  • FREE Checking
  • FREE All America Bank® VISA® CheckCard
  • FREE Customer Service
  • FREE Daily Email Notification if Overdrawn
  • FREE ATM Transactions Worldwide**
  • NO MINIMUM BALANCE TO MAINTAIN ACCOUNT

The only requirements are:

  • Post and Clear 10 All America Bank® VISA® CheckCard sales transactions***
  • All statements are received electronically

We REWARD you for helping us operate more efficiently. Once the required number of transactions has posted to your account we will start refunding your foreign ATM fees.  We will refund up to $25.00 in foreign ATM fees each monthly statement cycle.  At the same time, you will be paid interest earned by your account.  Interest earnings of 1.50% APY* are calculated on your daily balance of up to $10,000.  Amounts over $10,000 will earn .50% APY*.  If requirements are not met you will earn .25% APY*. This is a variable rate account and the interest rate can change.  The minimum opening deposit for this account is $1.00. Fees could affect the earnings on this account.

Have Questions?

* APY is Annual Percentage Yield and is accurate as of 11-20-2014

**Refunds of foreign ATM fees will be a maximum of $25.00 each monthly statement cycle.

***No Minimum Balance to Maintain Account.  $1.00 minimum to open account. Requirements must be met each monthly statement cycle to receive the rewards. The monthly statement cycle ends on the 3rd Wednesday of every month.  There are no rollover transactions. Qualifying VISA® CheckCard sales transactions include each time you use your VISA® CheckCard 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.  Limit of two Ultimate Rewards Checking Accounts allowed per individual.