12.65% APY** is earned on qualified balances up to and including $25,000. Qualified balances over $25,000 earn 0.12% APY. The account will not earn interest if qualifications are not met. If you have met all the qualifiers for the qualifications cycle, we will automatically refund up to $10.00 in ATM fees assessed by Vast. To earn your rewards, you simply need to complete the following each qualification cycle: (1) have a minimum of 15 check card (POS) transactions, (2) have a minimum of 1 ACH credit and 1 ACH debit, (3) Be enrolled and receive e-statements, and (4) log in to your Internet Banking account at least once each month. Qualifying transactions must post to and settle account during monthly qualification cycle. Account fees could reduce earnings. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. Transfers between accounts do not count as qualifying transactions. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Limit two accounts per tax ID.
2 No minimum balance is required to earn rewards.
3 $15 monthly maintenance fee can be avoided if you have a $1000 minimum daily collected balance, OR $5000 minimum daily collected balance in total deposit accounts combined OR being 55+ years of age.
4Digital assets (i.e. cryptocurrencies) held in your digital asset account (i.e. crypto account) are not insured by any governmental entities, including but not limited to FDIC or SIPC. As with any asset, the value of digital assets can go up or down and there can be substantial risk that you lose money buying, selling, or holding, in digital assets. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies). You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. No Bank Guarantee and May Lose Value. For additional terms and conditions governing your digital asset account, please refer to our Digital Asset User Agreement.
* Vast Bank customers have access to more than 56,000 ATMs worldwide through our partner ATM networks powered by Allpoint & Transfund.
** APY = Annual Percentage Yield. APYs are accurate as of August 30, 2023. Rates may change after account is opened.
