Mutual Bank is offering Massachusetts residents a chance to earn up to 2.00% APY on balances up to $10,000. Below is all the details you need to earn 2.00% APY on your funds when opening a Mutual Bank REWARDChecking Account.
Mutual Bank REWARDChecking Account Summary
- Interest Rate: 2.00% APY
- Maximum Balance: $10,000
- Availability: MA (Bank Locator)
- Expiration Date: None
- Credit Inquiry: Hard Pull or Soft pull? Let us know
- Credit Card Funding: Unknown. Let us know
- Opening Deposit: $10
- Direct Deposit Requirement: Optional
- Monthly Fee: None listed
- ATM Refunds: Up to $15 each month
- Closing Account Fee: None listed
- Promo Code(s): None
Account Features
- Earn 2.00% APY on balances $.01 – $10,000
- Earn 0.20% APY on balances $10,000+
- If qualifications aren’t met, earn 0.05% APY
- No minimum balance
- No monthly service charge
- Earn cash rewards for each month you qualify*
- Free ATMs nationwide plus refunds on other banks’ ATM fees**
- Free online & mobile banking and mobile deposit
- Free paperless eStatement option
- Bank where you matter – your local community
Application Link
Mutual Bank REWARDChecking Account: If this account appeals to you and you qualify, apply today!
- See rates here.
How To Earn 2.00% APY:
- Sign up for the Mutual Bank REWARDChecking Account to earn 2.00% APY on balances up to $10,000. In addition, meet the following requirements every month:
- Use your debit card for 10+ purchases
- Have one or more direct deposit or automatic payments OR
- Choose eStatements.
Author’s Verdict
If you’re active with your checking account and able to meet the monthly requirements listed above, definitely consider opening a rewards checking account so you can earn rewards and interest on your funds. If you have any info regarding the credit card funding, credit inquiry, or the early account termination fee, please let us know. If you have had any experiences with this bank, please let us know in the comment section below. For more reward checking accounts, you can check out our entire list of Best Reward Checking Accounts.
Leave a Reply