*APY=Annual Percentage Yield. APYs accurate as of 6/6/2013. Rates may change after account is opened. Minimum to open is $10 for MoneyMaking Checking and $10 for MoneyMaking Savings.
For MoneyMaking Checking, if qualifications are met each monthly qualification cycle:
(1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the last day of monthly statement cycle; (2) balances up to $25,000 receive APY of 2.51%; and (3) balances over $25,000 earn 0.25% interest rate on the portion of the balance over $25,000, resulting in 2.51% - 0.70% APY depending on the balance in the account.
If qualifications are not met on MoneyMaking Checking all balances earn 0.05% APY.
Qualifying transactions must post to and settle MoneyMaking Checking account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions.
The "Monthly Qualification Cycle" means a period beginning the 3rd Wednesday of the month and ending the business day prior to the 3rd Wednesday of the next month. The advertised MoneyMaking Checking APY is based on compounding interest. Interest earned in MoneyMaking Checking is automatically transferred to MoneyMaking Savings each statement cycle and does not compound. Actual interest amount paid may be less than advertised MoneyMaking Checking APY. The MoneyMaking Savings APYs may be less than MoneyMaking Checking APYs.
If qualifications in MoneyMaking Checking are met each monthly qualification cycle:
(1) balances up to $100,000 in MoneyMaking Savings receive an APY of 1.00%; and (2) balances over $100,000 in MoneyMaking Savings earn 0.25% interest rate on portion of balance over $100,000, resulting in 1.00% - 0.62% APY depending on the balance in the account. If qualifications are not met on MoneyMaking Checking, all balances in MoneyMaking Savings earn 0.05% APY.
Transfers between accounts do not count as qualifying transactions. No monthly service fee. Available for personal accounts only.