Bank of American Fork offers Checking Bonus of 4.07% APY in Utah

Clients of American Fork Bank offers a checking bonus under its MyRate Checking program which yields 4.07% APY on balances of not over than $25000. Higher account balances gain a 1.01% APY. The program also gives unlimited refund of fees incurred when using ATMs of other banks as long as the following requirements are meant:

  • Client opts to receive electronic statements
  • Makes an automatic payment or direct deposit
  • The visa check card is used at least 12 times for purchases
  • If the criteria specified by the program are not fulfilled, the rate drops to 0.25%.

    The account doesn’t impose a monthly service fee and doesn’t require a minimum maintaining balance. The initial deposit required to open it is $10.

    Interested individuals may visit any Bank of American Fork branches in Salt Lake and Utah.

    The bank is insured with the FDIC with certificate # 12773.

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    Posted on 11th November 2008 by admin in Reward Checking Accounts

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