The EverBank Checking Account Promotion

EverBank is offering new checking account promotion on their Yield Pledge Checking Account.  New EverBank checking account holders not only get to enjoy the free checking account that earns interest with no debit card fees, but new EverBank checking account holders may be eligible to receive a $60.0 cash reward from the bank for opening a new account.

EverBank’s Yield Pledge Checking Account is one of the top online checking accounts.  The account requires of a minimum $1,500.00 opening deposit but has no monthly maintenance fee and no minimum balance requirement to earn interest once the account is opened.

There is no charge for the checking account debit card.  Online banking is free with the account for accountholders that maintain a balance of $5,000.00 or greater.  For checking account holders that fall below the $5,000.00 and still want to use online banking, there is an $8.95 monthly charge.

There are no EverBank ATM fees and EverBank will automatically reimburse non-EverBank charges on U.S. ATM transactions during any month that checking account holders maintain a minimum average daily balance of at least $5,000.00.

The EverBank Yield Pledge Checking Account is an interest bearing checking account. This is a variable rate account and interest rates may change at any time.  The interest rate earned on the checking account is based on the balance in the account.  For checking account balances under $10,000.00 the rate is 0.46% APY, for balances of $10,000 – $24,999.99 the rate is 0.56%, for checking account balances of $25,000 – $49,999.99 the rat is 0.61% APY and for balances of $50,000 – $99,999.99 the rate is 0.71% APY.

To earn the $60.00 cash reward checking account promotion from EverBank, new account holders have to meet certain conditions.  The EverBank Yield Pledge Checking Account must be opened before November 30, 2011 to qualify for the $60.00 cash reward. In addition to the time limit, account holders must apply for the checking account and title the account for individual or joint ownership; the account must be opened, approved and funded with a minimum deposit of $1500.00; EverBank checking account holders must establish and receive at least one direct deposit of at least $500.00 into the account before January 31, 2012; customers must maintain an average daily balance of at least $1500.00 for the statement periods ending December 31, 2011, and January 31, 2012 and the checking account holders must keep the account open until February 29, 2012.

The offer expires on November 30, 2011.  There is a limit of 1 reward per household.  Additional conditions may apply and the terms and conditions for this checking account promotion may change.

For more information on this checking account promotion please see the enclosed links.

This entry was posted on Wednesday, October 26th, 2011 at 10:03 pm and is filed under Checking Account Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.