SuperMoney
  Exchange Flex Checking Account
Exchange Flex Checking Account Unaffiliated

Exchange Flex Checking Account

Unaffiliated
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Checking Accounts.
Upgrade - Rewards Checking
Upgrade - Rewards Checking 15 reviews
Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 0%
Monthly Fee $4
Minimum Balance to Avoid Monthly Fee Starting at $1,000

Exchange Flex Checking Account Review

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

Key Takeaways

  • 0% APY. As with most checking accounts, Exchange Flex Checking Account does not pay interest.
  • Charges a monthly fee. This account charges a monthly service fee of $4, but the fee is waived if you keep a minimum balance of $1,000 or have a monthly direct deposit 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 Exchange Bank and Trust.

Exchange Flex Checking Account Pros & Cons

Pros Cons
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • No signup bonus.
  • Does not earn interest
  • Does not provide access to a nationwide ATM network.
  • Only available in one state.
  • Higher than average wire transfer fees.
  • Monthly service charge (if minimums are not met).
  • Charges a fee on out-of-network ATM transactions.

Exchange Flex Checking Account FAQ

Are checking accounts from Exchange Bank and Trust federally insured?

Yes, your Exchange Bank and Trust checking accounts are 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 Flex Checking Account offer?

Exchange Flex Checking Account is not an interest-bearing account.

What are the account minimums for Exchange Flex Checking Account?

Exchange Flex Checking Account requires a minimum initial deposit of $100 to open an account.

Exchange Flex Checking Account Minimums
Description
Minimum Opening Deposit Starting at $100
Minimum Balance to Avoid Monthly Fee Starting at $1,000
Minimum Direct Deposit to Avoid Monthly Fee $1,000

What fees does Exchange Flex Checking Account charge?

This account charges a monthly service fee of $4.

Exchange Flex Checking Account Fees
Description
Monthly Fee $4
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $1.50
Returned Deposit Fee (Domestic) $6
Stop Payment Fee $30
Wire Transfer Fee - Domestic (Incoming) $20
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $20
Wire Transfer Fee - International (Outgoing) $75
Paper Statement Fee $2
Online Bill Pay Fee $0
Check Copy $0.75
Debit Card Replacement Fee $10
Early Account Closure $10

What features and perks does Exchange Flex Checking Account offer?

This account includes the following features:

  • Fraud monitoring - Exchange Flex 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 Flex 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 Flex Checking Account?

The customer support email for Exchange Flex Checking Account is ibank@myexchangebank.com.

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 Exchange Bank and Trust

Checking doesn't need to be complicated. Get a straightforward account with all the essentials. Exchange Flex Checking! Free digital banking services, Free telephone banking and Free Visa® debit card. Flexibility to avoid monthly service fee in 5 easy ways! 

Availability

  Available in 1 state
Kansas
Availabile in all of Kansas

Feature Breakdown

Minimum Opening Deposit Starting at $100
Minimum Balance to Avoid Monthly Fee Starting at $1,000
Minimum Direct Deposit to Avoid Monthly Fee $1,000
Monthly Fee $4
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $1.50
Returned Deposit Fee (Domestic) $6
Stop Payment Fee $30
Wire Transfer Fee - Domestic (Incoming) $20
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $20
Wire Transfer Fee - International (Outgoing) $75
Paper Statement Fee $2
Online Bill Pay Fee $0
Check Copy $0.75
Debit Card Replacement Fee $10
Early Account Closure $10
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
APY (Annual Percentage Yield) 0%

Be the first to rate

 

Would you recommend Exchange Flex Checking Account 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)

Other Checking Accounts

Exchange Bank and Trust Checking Accounts

Loading...