GBT Hometown REALSaver
Once you've set up your REWARD Checking, you can get a second rate of return by getting a REALSaver Account from Gibsland Bank & Trust. Earnings are automatically transferred to this account where they earn 1.51% APY* each monthly qualification cycle. It's a smart way to maximize your money!
- Summary
- Built-in savings tool from REWARD Checking earnings
- 1.51% APY* on balances up to $25,000
- 0.51% APY* on amount of balance over $25,000
- 0.15% APY* on months qualifications aren't met
- No minimum balance
- No monthly charge
- Nationwide ATM fee refunds
- No charge online banking with bill payer
- No charge E-Statements
- Direct deposit available
- $1.00 minimum to open
- FDIC insured
Qualifications:
Earning the reward rate and ATM fee refunds is easy, just do the following each monthly qualification cycle:
- Have at least 15 debit card purchases post and clear
- Have at least 1 direct deposit or recurring ACH payment post and clear
- Receive E-Statements
*Minimum to open REWARDChecking account is $100 and $1.00 for REALSaver. Annual Percentage Yield (APY) accurate as of 4/23/10. The advertised REWARDChecking APY is based on compounding interest. The interest earned in REWARDChecking is automatically transferred to REALSaver each statement cycle and does not compound. The actual interest paid may be less than the advertised APY. The REALSaver APYs may be less than the REWARDChecking APYs. REALSaver rate tiers are as follows: 1.51% APY applies to balances of $0 - $25,000 and 0.51% APY applies to balances over $25,000 if qualifications are met during the monthly qualification cycle on the REWARDChecking account. 0.15% APY applies to all balances if qualifications are not met on the REWARDChecking account. All balances will earn 0.51% APY - 1.51% APY if qualifications are met on the REWARDChecking account. Qualifying transactions must post and clear the REWARDChecking account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. Rates may change after the account is opened. Fees may reduce earnings.
