SuperMoney
  Charter Bank Interest Checking

Charter Bank Interest Checking

in Checking Accounts from CharterBank · fdic

Unaffiliated

Charter Bank Interest Checking

Unaffiliated

in Checking Accounts from CharterBank · Member FDIC

Net Recommendation Score -50

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -50, equating to 2 on a 5 point rating scale.

-50

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

1 user recommends
0 users are unsure
3 users don't recommend
Cast your vote

Would you recommend Charter Bank Interest Checking to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating

Rating not yet determined  

Monthly Fee $0 - $8
ATM Fee: Out-of-Network $3
Minimum Balance to Avoid Monthly Fee Starting at $1,000
APY (Annual Percentage Yield) 0.03%

Charter Bank Interest Checking Review

Charter Bank Interest Checking is offered by CharterBank, a bank founded in 1954 and based in West Point, GA. Charter Bank Interest Checking is available in 3 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.03%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $8, but the fee is waived if you keep a minimum balance of $1,000.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • Bill pay. Pay your bills to practically anyone in the United States through CharterBank.
Charter Bank checking account Pros & Cons
Pros Cons
  • Interest-yielding account.
  • Free debit card
  • No signup bonus.
  • Does not provide access to a nationwide ATM network.
  • Only available in 3 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a higher than average fee on out-of-network ATM transactions.
Charter Bank checking account FAQ

Are checking accounts from CharterBank federally insured?

Yes, your CharterBank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Charter Bank checking account offer?

Charter Bank Interest Checking Rates & Terms
Description
APY (Annual Percentage Yield) 0.03%

Charter Bank checking account offers an APY of 0.03% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Charter Bank checking account?

Charter Bank checking account requires a minimum initial deposit of $100 to open an account.

Charter Bank Interest Checking Minimums
Description
Minimum Opening Deposit Starting at $100
Minimum Balance to Avoid Monthly Fee Starting at $1,000

What fees does Charter Bank checking account charge?

This account charges a monthly service fee of up to $8.

Charter Bank Interest Checking Fees
Description
ATM Fee: In-Network $0
Bank Teller Fee $0
Check Copy $5
Debit Card Replacement Fee $5
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 2%
Monthly Fee $0 - $8
NSF Fee $28.95
Online Bill Pay Fee $0
Overdraft Item Fee $28.95
Overdraft Protection Fee (per transfer) $10
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $10
Returned Deposit Fee (International) $10
Stop Payment Fee $32
Wire Transfer Fee - Domestic (Incoming) $20
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $45
Wire Transfer Fee - International (Outgoing) $50
ATM Fee: Out-of-Network $3

Does Charter Bank checking account charge overdraft fees?

Yes, Charter Bank checking account charges a $28.95 fee for every overdraft.

Charter Bank checking account offers overdraft protection at a cost of $10 per transaction.

What features and perks does Charter Bank checking account offer?

This account includes the following features:

  • Fraud monitoring - Charter Bank checking account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Charter Bank checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

How do people rate the customer service and user experience of Charter Bank checking account?

Overall, Charter Bank checking account is mostly not recommended based on community reviews that rate customer service and user experience.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Charter Bank Interest Checking

Whatever you financial goals are, you’ll need a checking account that fits your needs to achieve them. We offer a variety of checking accounts with different features and benefits to meet your individual needs. Want to earn a higher return for your checking account deposits? Interest checking earns interest that is paid monthly, with higher rate levels available at $10,000 and $25,000. Access to Online Banking, Charter Bill Payer and our Mobile App. No ATM surcharges at MoneyPass ATMs, Free Monthly Statements or E-Statements with check images.

 

Contact

Other Services by CharterBank

Availability

  Available in 3 states
  • Alabama
  • Florida
  • Georgia

Feature Breakdown

Minimum Opening Deposit Starting at $100
Minimum Balance to Avoid Monthly Fee Starting at $1,000
ATM Fee: In-Network $0
Bank Teller Fee $0
Online Bill Pay Fee $0
Check Copy $5
Debit Card Replacement Fee $5
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 2%
Monthly Fee $0 - $8
NSF Fee $28.95
Overdraft Item Fee $28.95
Overdraft Protection Fee (per transfer) $10
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $10
Returned Deposit Fee (International) $10
Stop Payment Fee $32
Wire Transfer Fee - Domestic (Incoming) $20
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $45
Wire Transfer Fee - International (Outgoing) $50
ATM Fee: Out-of-Network $3
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • Member FDIC
APY (Annual Percentage Yield) 0.03%

Charter Bank Interest Checking Community Reviews

 

Would you recommend Charter Bank Interest Checking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -50, equating to 2 on a 5 point rating scale.

-50

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by

Other Checking Accounts