Bank of Internet USA will determine the combined products and services used in previous statement cycle and calculate the interest rate using the daily balance method. Even if you do not use the account at all for a month, you can still enjoy all of the features that make this account so unique. The only difference is, there will be no interest for that month. The benefits received from the Rewards Checking account can either earn you money or just hold your it, but that is up to the account-holder. Bank of Internet has really come through with a free checking account that builds interest based on account-holder activity.
Account-holders have more control over their account then just their interest rate. Rewards Checking provides the ability to view all of financial information in one place with the FinanceWorks™ software included with every account. Now users can identify exactly where they are spending too much and need to cut back, or where they can afford to invest more.
The Rewards Checking account not only provides convenient online banking, but also gives the user a more active role in their banking and provides a more interactive way to budget their finances, all for an initial $100.00 deposit.
For more information call the oldest and most trusted internet bank at 1-877-541-2634