![]() This method applies a periodic rate to the average daily balance in the account for the period. We use the average daily balance method to calculate interest on your account. If you close your account before interest is credited Interest will be credited to your account We may change the interest rate on this account For further details on how we determine student enrollment status, see your Account Terms and Conditions.Ĭan the interest rate and annual percentage yield change? If your school does not report you as being currently enrolled with them, if your school no longer delivers refunds with BankMobile Disbursements or if you enroll with another school which does not deliver refunds with BankMobile Disbursements, your enrollment status will become an Unenrolled Student and you will be moved to the Interest Bearing Checking Account. If you make Qualifying Deposits of $300.00 or more per statement cycle then you will be eligible for interest otherwise, you will earn no interest. Qualifications: You must be an Enrolled Student to open this account. The APY for this tier will range from 0.50% to 0.06% depending on the balance in the account assuming a maximum average daily balance of $10,000.00. An interest rate of 0.01% will be paid only for that portion of the average daily balance that is greater than $1,000.99.An interest rate of 0.50% will be paid on average daily balances up to $1,000.99.The interest rate and annual percentage yield (APY) on your account is Make sure you use FREE Allpoint Network or Customers ![]() You withdrew cash at a non-Allpoint Network ATM or non-Customers BankĪllpoint ATM location, availability, and hours of operation may vary by merchant and is subject to change. $3.00 at a non-Allpoint Network ATM or non-Customers Bank ATM. There is no fee for using an Allpoint Network or Customers Bank ATM.įind an Allpoint Network or Customers Bank The monthly service fee will not be assessed to accounts affiliated with our partner schools located in the state of Washington or those affiliated with South Carolina Technical College System.Īllpoint Network or Customers Bank ATM fee The monthly service fee will only reduce an account to a zero balance, which may result in customers being charged less than $2.99 per statement cycle. Qualifying Deposits include direct deposit, transfers from external bank accounts, check deposits, point-of-sale deposits and cash deposits such as those made via Green Dot® Reload the Register™ and Rapid Reload™.įinancial aid refunds or other refunds issued by your school, interest earned on your account, promotional credits such as cash back rewards, internal account transfers, fee waivers, fee credits, returned items, or dispute credits are not eligible toward the $300 in total deposits. You may avoid this fee by having a qualifying deposit of $300 or more in a $0 by having Qualifying Deposits totaling $300 or more per statement cycle There is no minimum opening deposit for this account.
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