The Rewards Checking account, from Bank of Internet USA, was designed to provide the account-holder with as much service as possible. This account is cost effective because there are no hidden fees or unnecessary charges included in the account. The account is also very interactive, allowing the account-holder to control their interest rate and take a more active role in their online banking.
The reason the account is considered cost effective is because the Rewards Checking account has no maintenance fees, and no monthly minimum requirements. This means that there will be no unnecessary charges taking money out of your account. You will not even be charged for overdraft protection if you never need it. Rewards Checking has a unique, even revolutionary overdraft protection system that does not allow the check to ever bounce.
The overdraft protection developed by Bank of Internet USA never lets the bad check bounce, because before it has a chance, funds are deposited into the account in one of two ways. The first way is a line of credit, from which, Bank of Internet USA covers the bad check and the account-holder pays back the debt later. The other option is for the account-holder to use their own money by linking to a separate account that has enough money to cover the bad check. The Rewards Checking account has no overdraft fees as long as the account-holder has one of these two options.
The Rewards Checking account works for you so well it can actually earn you money. Meeting special requirements qualifies the user to earn a higher interest rate for the month. Requirements are met when a user posts direct deposits totaling $1,000.00 or more in one month, uses their debit card a certain number of times or pays their bills online. These have become daily routines for people and now they can earn you money with the free Rewards Checking account.
For more information call the oldest and most trusted internet bank at 1-877-541-2634