A Pure Checking account from FAB&T offers you the ease of a traditional checking account, with the freedom of free worldwide ATMs^ and a competitive interest rate paid to you each month*. An interest-bearing checking account in its purest form is what you will enjoy with a Pure Checking account from FAB&T. You can also enjoy and utilize our free online banking with free unlimited BillPay and free mobile banking.
To earn 2.01% APY*, simply meet these requirements each monthly qualification cycle:
- Have at least 10 debit card purchases post and clear
- Have at least 1 direct deposit, ACH automatic payment, or online bill pay post and clear
- Receive electronic statements
It's okay if you miss a month!
You will still enjoy free checking and there's no penalty for not qualifying in a given cycle. You will earn a base 0.025% APY* and you get right back to earning 2.01% APY* and enjoying ATM refunds the next time you qualify.
*Annual Percentage Yield (APY) accurate as of 1/02/14. Minimum to open account is $100. Rate tiers are as follows: 2.01% APY applies to balances of $0.01 - $20,000 and 0.10% APY applies to balances over $20,000 as long as qualifications are met each qualification cycle. 0.025% APY applies to all balances if qualifications are not met. All balances will earn 0.10% APY - 2.01% APY on all balances as long as qualifications are met. Rates are variable and may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. ^There is a maximum cap of $25 for ATM refunds.