CashBack Checking with CashBack Saver

Earn cashback each time you use your debit card. The more cashback you earn, the higher the interest rate you’ll receive on your linked CashBack Saver balances. TWO ACCOUNTS, TWO EASY WAYS TO EARN & SAVE!

CashBack Checking (additional saver account required)

Minimum to Open - $100

Monthly Account Service Charge - $10

Requirement to avoid account service charge:

  • $1,000 or more average daily balance (average balance for statement cycle) OR
  • 20 Point of Sale (POS) debit card transactions (excluding ATM transactions and POS returns) that post and settle during the statement cycle.

Interest Bearing - No

BenefitsAccount receives CashBack for each POS debit card purchase transaction as follows:

Purchase Amount      CashBack
$1.00 - $74.99   $0.10
$75 or more   $0.25

Rewards - Up to $20 in Capital Bank and ATM owner fees refunded per cycle.

Conditions to earn Rewards:

  1. Conduct at least 10 POS Debit Card purchase transactions (excludes ATM transactions and POS returns) that post and settle during the monthly statement cycle
  2. Receive at least one direct deposit (ACH credit) or ACH debit during the monthly statement cycle
  3. Waive the mailing of paper statements and  properly consent to receive eStatements through online banking

Statement Options - Paper or eStatements (eStatements required for rewards)

Additional Features:

  • Complimentary Official Checks and Notary Services
  • Unlimited Transactions
  • Free CashBack checks or 30% discount on custom checks (Delivery fee applies and varies by location and postal charges)

CashBack Saver

Cashback Saver account requires a linked open and active Cashback Checking account and cannot be opened independently of the Cashback Checking account.

Minimum to Open - $0

Monthly Account Service Charge - $0

Interest Bearing - Yes

Interest is tiered based on the dollar amount of cashback earned in the most recent CashBack Checking account cycle.1

Tier    $ amount of CashBack earned
Tier 1:   $0 - $0.99
Tier 2:   $1.00 - $1.99
Tier 3:   $2.00 or greater

 


1CashBack Saver requires linked CashBack Checking account. Cash back earned is credited to CashBack Saver account each cycle.