Checking & Savings
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Those are some big shoes to fill!
My Rewards Checking offers you:
- FREE checking
- A great rate – 5% APY* – is paid on balances up to $10,000.
- ATM fee refunds nationwide – up to $25 per qualification cycle
- No minimum balance required
- No monthly service charges
It's easy to qualify:
- Make 10 signature-based debit card purchases
- Set up direct deposit or ACH auto debit from your account
- Enroll in and receive e-Statements
View the My Rewards Checking informational video.What happens if I do not meet the qualifications for My Rewards Checking?
Don’t worry. Your checking account is still free and you can start over to earn the rewards during the next qualification cycle. Dividends will be paid at a base rate on your balance.
What if the account balance is below $10,000?
You're in luck! The rate applies to any balance up to $10,000.
What if the account balance is above $10,000?
You'll still earn 1.5% APY – a significantly higher rate than the regular checking account rate – on balances over $10,000.
What are the ATM refunds?
The refunds include surcharge and foreign transaction fees.
What is a signature-based debit card transaction?
Transactions process one of two ways with your debit card. One is PIN-based, when you enter your 4-digit PIN. All other transactions are considered “signature-based,” whether you actually sign or not. Frequently, for example, a debit card transaction at a service station is a “signature-based” transaction, but you don’t actually sign the receipt.
Debit or credit?
A signature-based debit card transaction processes through the MasterCard system, even though the funds are withdrawn from your checking account. If you want a signature-based transaction, always choose “credit.”
What is an ACH auto debit?
It is an automatic payment you set up to be directly deducted from your account. It may be a regular insurance premium, utility payments, or other types of payments.
e-Statement registration – Get an EZ $10!
- If you are not already an Interra Online banking user, please register for the service.
- Once you have logged on to Interra Online, just go to the “History” button and select e-Statements from the drop-down menu. Proceed through the prompts to register for e-Statements.
- You’ll get an EZ $10. You’ll get a $10 deposit to your account at the end of the week in which you enroll in e-Statements.
My Rewards Checking communications
- You will receive a “welcome” e-mail from Interra Credit Union (info@email.interracu.com). The subject line will be: My Rewards Checking.
- At the end of each qualification cycle, you will receive an e-mail from the above address and subject. It will include your account activity based on the requirements and let you know if you qualify or do not qualify for the rewards. If you do not qualify one month, don’t worry. You will be starting a new cycle and a new opportunity to earn rewards.
Take one GIANT step for higher returns
with free My Rewards Checking:
- Members with an Interra checking account – Complete, print and deliver the enrollment form to any Interra office (via fax, by mail or in person).
- Non-members and members without an Interra checking account – Get the application process started at interrarewards.com.
- Anyone – Open your My Rewards Checking account in person at any Interra office location.
Review the My Rewards Checking Truth-in-Savings disclosure here.
* Annual Percentage Yield. Rates effective October 19, 2009, and are subject to change without notice.
Each account insured up to $250,000 by American Share Insurance. By members' choice, this institution is not federally insured. Learn more about American Share Insurance.