Exchange 50 Plus Checking Account

Exchange 50 Plus Checking Account Review

Exchange 50 Plus Checking Account is offered by Exchange Bank and Trust, a bank founded in 1856 and based in Atchison, KS. Exchange 50 Plus Checking Account is available in 1 state across the USA.

Key Takeaways

• 0% APY. As with most checking accounts, Exchange 50 Plus Checking Account does not pay interest.
• Charges a monthly fee. This account charges a monthly service fee of $5, but the fee is waived if you keep a minimum balance of $100.
• $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 Exchange Bank and Trust.

Exchange Bank checking account Pros & Cons

Exchange Bank checking account FAQ

Are checking accounts from Exchange Bank and Trust federally insured?

Yes, this account is insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #4619). 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 Exchange Bank checking account offer?

Exchange Bank checking account is not an interest-bearing account.

What are the account minimums for Exchange Bank checking account?

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

What fees does Exchange Bank checking account charge?

This account charges a monthly service fee of $5.

What features and perks does Exchange Bank checking account offer?

This account includes the following features:

• Fraud monitoring - Exchange 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 - Exchange 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.

What is the customer support email for Exchange Bank checking account?

The customer support email for Exchange Bank checking account is ibank@myexchangebank.com.