Community Bank is offering Tennessee residents a chance to earn up to 2.08% APY on balances up to $20,000. Below is all the details you need to earn 2.08% APY on your funds when opening a Community Bank Advantage Checking Account.
Community Bank Advantage Checking Account Summary
- Interest Rate: 2.08% APY
- Maximum Balance: $20,000
- Availability: TN (Bank Locator)
- Expiration Date: None
- Credit Inquiry: Hard Pull or Soft pull? Let us know
- Credit Card Funding: Unknown. Let us know
- Opening Deposit: $100
- Direct Deposit Requirement: Optional
- Monthly Fee: None
- ATM Refunds: 3 “fee-free” foreign ATM transactions monthly ($6 maximum)
- Closing Account Fee: None listed
- Promo Code(s): None
Account Features
- FREE checking account
- No minimum balance requirements
- Earns extremely high dividends
- Qualifying accounts get reimbursed up to 3 “fee free” ATM transactions monthly
- To qualify you must have per month: receive eStatements, 10 debit card purchases, one automatic deposit or withdrawal on account, and access online banking
Application Link
Community Bank Advantage Checking Account: If this account appeals to you and you qualify, apply today!
How To Earn 2.08% APY:
- Sign up for the Community Bank Advantage Checking Account to earn 2.08% APY on balances up to $20,000. In addition, meet the following requirements every month:
- Receipt of monthly electronic statements only
- Debit card is used 10 times monthly (all debit card transactions must post during statement cycle)
- One automatic deposit or withdrawal occurs on account monthly
- Online banking is accessed once monthly
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.
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