Reward Checking + Reserve Account(s) = Reward Plus

img_rewardsplus

EarningsYour Reward Plus account(s) links to your primary Reward Checking account so you have the opportunity to earn a higher interest rate on two or more accounts. No additional requirements are necessary for Plus accounts and compared to a savings account, Plus account(s) are more flexible and can earn a better interest rate. It's the perfect way to create multiple reserve accounts that can earn interest and help meet your important goals, such as college funds, home improvement needs or family vacations.

Account Features

There is never a minimum balance, and earning the top interest rate is as easy as using your debit card or accessing online banking for your Reward Checking Account. It’s a simple way to earn interest on multiple accounts with the convenience of managing one. Best of all, you enjoy all the revolutionary free services City Bank provides.





Open an Account
  • No Minimum Balance
  • No Service Fees
  • Free Online Banking
  • Free Online Bill Pay
  • Free eStatements
  • Free Mobile Banking 
  • Free Mobile App

It’s simple to save and earn.

There are no additional requirements to earn the higher Reward Plus rates. You automatically qualify when you meet Reward Checking qualifications. If you don't qualify for level 2 or level 3 rewards in a particular month, don't worry! There's no penalty, no monthly service charge, and you still earn our base interest rate. Plus, you can get right back to earning the higher interest rates and ATM fee refunds the very next month.

Account Requirements


Level

3

Earn the highest interest rate and ATM refunds
Minimum Balance

APY1 0.50%
Interest Rate 0.50%

Qualifications

If you don't qualify for level 2 or level 3 rewards in a particular month, don't worry!

There's no penalty, no monthly service charge, and you still earn our base interest rate.

Plus, you can get right back to earning the higher interest rates and ATM fee refunds the very next month.

Rewards
20 debit card transactions4 must post and settle2
online-banking_03
Access online banking or log in to the mobile app
bill-pay_03
One bill payment must post and settle2
calendar
4 ACH items4must post and settle2
e-statements_03
Receive e-Statements


Level

2

Earn the highest interest rate and ATM refunds
Minimum Balance

APY1 0.19%
Interest Rate 0.20%

Qualifications

If you don't qualify for level 2 or level 3 rewards in a particular month, don't worry!

There's no penalty, no monthly service charge, and you still earn our base interest rate.

Plus, you can get right back to earning the higher interest rates and ATM fee refunds the very next month.

Rewards
8 debit card transactions3must post and settle2

online-banking_03
Access online banking or log in to the mobile app
calendar
1 bill payment or 1 ACH item4 must post and settle2


Level

1

Earn the highest interest rate and ATM refunds
Minimum Balance

APY1 0.01%
Interest Rate 0.01%

Qualifications

If you don't qualify for level 2 or level 3 rewards in a particular month, don't worry!

There's no penalty, no monthly service charge, and you still earn our base interest rate.

Plus, you can get right back to earning the higher interest rates and ATM fee refunds the very next month.

 

 

Reward Levels Level

3

Earn the highest interest rate and ATM fee refunds1
Level

2

Earn a higher interest rate and ATM fee refunds1
Level

1

Earn interest  

APY2 Interest Rate APY2 Interest Rate APY2 Interest Rate

0.50% 0.50% 0.19% 0.20% 0.01% 0.01%








Qualifications

The following must post and settle3 to your account each monthly statement cycle to earn the higher interest rates and ATM fee refunds1.

Rewards
20 everyday debit card transactions4
must post and settle3
online-banking_03
Access online banking or log in to the app
bill-pay_03
One bill payment item must post and settle3
calendar
4 ACHitems must post and settle3
e-statements_03
Receive e-Statements
Rewards
8 everyday debit card transactions4
must post and settle3

online-banking_03
Access online banking or log in to the app
calendar
1 bill payment or 1 ACH itemmust post and settle3

If you don't qualify for level 2 or level 3 rewards in a particular month, don't worry!

There's no penalty, no monthly service charge, and you still earn our base interest rate.

Plus, you can get right back to earning the higher interest rates and ATM fee refunds the very next month.

1You will be required to bring in the ATM receipts in order to receive refunds from International ATM's. 2APY = Annual Percentage Yield (APY). Reward Plus base rate is .01% APY. Minimum account opening deposit of $50.00 required. Interest rate effective as of 9/1/2016. All rates are variable and may change after account opening. Interest earned will be based upon the level of requirements met. Fees may reduce earnings on this account. Some restrictions do apply. Balances will not be aggregated. There is no minimum daily balance required to earn the minimum APY. 3To post and settle, the transaction must be deducted from your current balance. 4MasterCard® is a registered trademark of MasterCard International Incorporated. A credit, ATM withdrawal, or refund to your account does not qualify as a debit card transaction. 5An ACH is a direct deposit, automatic debit, etc. To make an electronic payment, use your City Bank account number and routing number to make and/or receive payments.