Gate City Bank Benefit Interest Checking Account

Gate City Bank Benefit Interest Checking Account Review

Gate City Bank Benefit Interest Checking Account is offered by Gate City Bank, a bank founded in 1923 and based in Fargo, ND. Gate City Bank Benefit Interest Checking Account are available in 2 states across the USA.

Key Takeaways

• Low APY. The maximum annual percentage yield for this account is only 0.01%.
• $0 monthly fee. This account does not charge any monthly account fees.
• No ATM fees. Gate City Bank Benefit Interest Checking Account does not charge fees on ATM transactions.
• ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).
• Bill pay. Pay your bills to practically anyone in the United States through Gate City Bank.

Gate City Bank Benefit Interest Checking Account Pros & Cons

Gate City Bank Benefit Interest Checking Account FAQ

Are checking accounts from Gate City Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #27774). 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 Gate City Bank Benefit Interest Checking Account offer?

Gate City Bank Benefit Interest Checking Account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $50.

What are the account minimums for Gate City Bank Benefit Interest Checking Account?

Gate City Bank Benefit Interest Checking Account requires a minimum initial deposit of $50 to open an account.

What fees does Gate City Bank Benefit Interest Checking Account charge?

The good news is that this account does not have a monthly Service Charge.

Does Gate City Bank Benefit Interest Checking Account charge overdraft fees?

What features and perks does Gate City Bank Benefit Interest Checking Account offer?

This account includes the following features:

• ATM rebates - This account will reimburse you for any domestic ATM fees.
• Fraud monitoring - Gate City Bank Benefit Interest 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 - Gate City Bank Benefit Interest 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.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Gate City Bank Benefit Interest Checking Account?

The customer support email for Gate City Bank Benefit Interest Checking Account is socialmedia@gatecity.bank.