Charter Bank Interest Checking
in Checking Accounts from CharterBank · Member FDIC
Would you recommend Charter Bank Interest Checking to your friends?
| Community Rating |
Rating not yet determined |
| Monthly Fee | $0 - $8 |
| ATM Fee: Out-of-Network | $3 |
| Minimum Balance to Avoid Monthly Fee | $1,000 |
| APY (Annual Percentage Yield) | 0.03% - 0.05% |
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.
- Low APY. The maximum annual percentage yield for this account is only 0.05%, and you must keep a minimum balance of $100.
- Charges a monthly fee. This account charges a monthly maintenance fee of up to $8, but the fee is waived if you keep a minimum balance of $1000 or have a monthly direct deposit of $100.
- Large minimum initial deposit. You need a minimum deposit of $100 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
- No ATM fees. Charter Bank Interest Checking does not charge fees on ATM transactions.
- Free bill pay. Pay your bills to practically anyone in the United States through CharterBank.
- Hard credit pull. CharterBank may require a hard pull on your credit report to open a checking account.
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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 Interest Checking offer?
Charter Bank Interest Checking offers an APY starting at 0.03% and ranging up to 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $100.
| Rates | Amount |
|---|---|
| APY (Annualized Percentage Yield) | 0.03% - 0.05% |
What are the account minimums for Charter Bank Interest Checking?
Charter Bank Interest Checking requires a minimum initial deposit of $100 to open an account.
| Description | Amount |
|---|---|
| Minimum Initial Deposit | $100 |
| APY Minimum Balance | $100 |
| Minimum Combined Balance to Avoid Monthly Fee | $5,000 |
| Minimum Direct Deposit to Avoid Monthly Fee | $100 |
| Minimum Balance to Avoid Monthly Fee | $1,000 |
What fees does Charter Bank Interest Checking charge?
This account charges a monthly maintenance fee of up to $8.
| Description | |
|---|---|
| Monthly Fee | $0 - $8 |
| Paper Statement Fee | $5 |
| ATM Fee: In-Network | $0 |
| ATM Fee: Out-of-Network | $3 |
| NSF Fee | $28.95 |
| Overdraft Protection Fee (per transfer) | $10 |
| Overdraft Item Fee | $28.95 |
| Early Account Closure | $25 |
| Returned Deposit Fee (Domestic) | $10 |
| Debit Card Replacement Fee | $5 |
| Bank Teller Fee | $0 |
| Check Cashing Fee | N/A |
| Online Bill Pay Fee | $0 |
| Stop Payment Fee | $32 |
| Check Image Service | N/A |
| Check Copy | $5 |
| Foreign Transaction Fee (Debit Card) | 2% |
| Wire Transfer Fee - Domestic (Outgoing) | $20 |
| Wire Transfer Fee - International (Outgoing) | $50 |
| Wire Transfer Fee - International (Incoming) | $45 |
| Returned Deposit Fee (International) | $10 |
| Wire Transfer Fee - Domestic (Incoming) | $20 |
| ATM Reimbursement Monthly Limit | N/A |
What features and perks does Charter Bank Interest Checking offer?
This account includes the following features:
- Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Charter Bank Interest Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
Contact
- Headquarters
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1233 OG Skinner Dr
West Point, GA 31833 - Visit Site
Other Services by CharterBank
Availability
- Alabama
- Florida
- Georgia
Feature Breakdown
| APY Minimum Balance | $100 |
| Minimum Combined Balance to Avoid Monthly Fee | $5,000 |
| Minimum Direct Deposit to Avoid Monthly Fee | $100 |
| Minimum Initial Deposit | $100 |
| Minimum Balance to Avoid Monthly Fee | $1,000 |
Charter Bank Interest Checking Community Reviews
Would you recommend Charter Bank Interest Checking to your friends?
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