Is it time you started gaining interest on the money you have in the bank? If you are receiving a tax refund and want to start this year on the right foot financially, or you’re just looking for a way to put your money to work for you, an interest-bearing checking account from Colonial may be just the thing you’re looking for. It’s only $100 minimum to open and there is no balance requirement fee if your account stays above $1,500. See below for some of the specifics of Colonial’s Interest Checking Account.
About Colonial’s Interest Checking
- $100 minimum to open
- No balance requirement fee if account stays above $1,500
- $10 per month or $15 per month for imaged checks
- No transaction fee for first 50 checks each month
- Online banking and bill pay
- Debit card
- Optional Colonial Protect line of credit to avoid overdrafts
- Interest earned on balance of $1,500 or more
- 15% rate bump on certificates of deposit upon request
The Annual Percentage Yield (APY) is expressed as an annual rate, based on 365 or 366-day year, compounded daily. Fees may reduce APY.
Colonial offers a number of banking solutions for individuals, families and businesses in North Texas. You can always count on Colonial to give you service with a smile. If you would like more information about opening an interest-bearing checking account with Colonial, or to learn more about the wide range of products we offer, give us a call today at 817.390.2000, or visit us at GoColonial.com
