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  State Street Bank & Trust Co Better Interest Checking Account
State Street Bank & Trust Co Better Interest Checking Account
in Checking Accounts from State Bank & Trust Co · fdic
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State Street Bank & Trust Co Better Interest Checking Account

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in Checking Accounts from State Bank & Trust Co · Member FDIC
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Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.05% - 2%
Monthly Fee $0
Minimum Balance to Avoid Monthly Fee Starting at $0

State Street Bank & Trust Co Better Interest Checking Account Review

State Street Bank & Trust Co Better Interest Checking Account is offered by State Bank & Trust Co, a bank founded in 1995 and based in Atlanta, GA. State Street Bank & Trust Co Better Interest Checking Account is available in 1 state across the USA.

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 2%, which is much higher than the average for a checking account.However, you must keep a minimum balance of $0.01.
  • $0 monthly fee. This account does not charge a monthly Service Charge.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • Up to $20 in 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 State Bank & Trust Co.
State Street Bank Better Interest checking Pros & Cons
Pros Cons
  • High-interest yield.
  • Free debit card
  • No signup bonus.
  • Does not provide access to a nationwide ATM network.
  • Only available in one state.
  • Higher than average wire transfer fees.
  • Charges a fee on out-of-network ATM transactions.
State Street Bank Better Interest checking FAQ

Are checking accounts from State Bank & Trust Co federally insured?

Yes, this account is 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 State Street Bank Better Interest checking offer?

State Street Bank Better Interest checking offers an APY starting at 0.05% and ranging up to 2% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep an average beginning day balance of at least $0.01.

State Street Bank Better Interest checking Rates and Terms
Rates Amount
APY (Annual Percentage Yield) 0.05% - 2%

What are the account minimums for State Street Bank Better Interest checking?

State Street Bank Better Interest checking requires a minimum initial deposit of $100 to open an account.

State Street Bank & Trust Co Better Interest Checking Account Minimums
Description
APY Minimum Balance $0.01
Minimum Opening Deposit Starting at $100
Minimum Balance to Avoid Monthly Fee Starting at $0

What fees does State Street Bank Better Interest checking charge?

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

State Street Bank & Trust Co Better Interest Checking Account Fees
Description
ATM Fee: In-Network $0
ATM Reimbursement Monthly Limit 20
Debit Card Replacement Fee $5
Early Account Closure $15
Foreign Transaction Fee (Debit Card) 2%
Monthly Fee $0
NSF Fee $35
Online Bill Pay Fee $0
Overdraft Item Fee $35
Overdraft Protection Fee (per transfer) $35
Paper Statement Fee $4
Returned Deposit Fee (Domestic) $35
Returned Deposit Fee (International) $35
Stop Payment Fee $35
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
ATM Fee: Out-of-Network $1.50

Does State Street Bank Better Interest checking charge overdraft fees?

Yes, State Street Bank Better Interest checking charges a $35 fee for every overdraft.

State Street Bank Better Interest checking offers overdraft protection at a cost of $35 per transaction.

What features and perks does State Street Bank Better Interest checking offer?

This account includes the following features:

  • ATM rebates - This account will reimburse you for any domestic ATM fees up to a monthly maximum of $20.
  • Fraud monitoring - State Street Bank Better Interest checking 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 - State Street Bank Better Interest checking 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 State Street Bank Better Interest checking?

The customer support email for State Street Bank Better Interest checking is customer.service@cadencebank.com.

State Street Bank & Trust Co Better Interest Checking Account Disclosure: To earn high interest and ATM fee refunds: Have 10 debit card transactions post and settle per qualification cycle (excluding ATM withdrawals) Have One Direct Deposit or one ACH debit post and settle per qualification cycle Receive electronic statement each qualification cycle
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.

Contact

Other Services by State Bank & Trust Co

Availability

  Available in 1 state
Georgia
Availabile in all of Georgia

Feature Breakdown

APY Minimum Balance $0.01
Minimum Opening Deposit Starting at $100
Minimum Balance to Avoid Monthly Fee Starting at $0
ATM Fee: In-Network $0
Monthly Fee $0
Online Bill Pay Fee $0
ATM Reimbursement Monthly Limit 20
Debit Card Replacement Fee $5
Early Account Closure $15
Foreign Transaction Fee (Debit Card) 2%
NSF Fee $35
Overdraft Item Fee $35
Overdraft Protection Fee (per transfer) $35
Paper Statement Fee $4
Returned Deposit Fee (Domestic) $35
Returned Deposit Fee (International) $35
Stop Payment Fee $35
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
ATM Fee: Out-of-Network $1.50
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • ATM Reimbursement
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Member FDIC
APY (Annual Percentage Yield) 0.05% - 2%

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