With Centra’s High Interest Checking accounts, you can earn money on your balance while saving money on fees. High Interest Checking accounts pay interest on all balances based on tiers. The more you have in your account, the more opportunity you have to earn interest! There’s no monthly fee and no minimum balance when you: use direct deposit, receive eStatements and complete at least 15 debit purchases per month.
Apply By Phone
1-800-232-3642
Annual Interest Rate
4.07%
Paperless Statements
Yes
Transaction Fees
limited
Monthly Fee
No
Deposit Insurance
Yes
Account Opening Bonus
-
Overdraft Protection
Yes
This is for people who just use a checking account to pay some bills and perhaps use a debit card to pay some daily expenses. Some basic accounts require direct deposit or a minimum balance to avoid monthly “maintenance” fees. You may be limited to a certain number of checks per month; exceed that number and you’ll pay a “per item” fee for each additional check you write. You don’t want to maintain a high balance in these accounts because you won’t be paid interest.