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Personal Bank Account

Malvern Bank

Bonus

$300

APY

3.04%

Monthly Fee

None

To Qualify

Any Direct Deposit + 30 Transactions

Availability

IA

View Offer

Bonus Details

Earn a $300 Welcome Bonus with Premier Checking by meeting the qualification requirements. The bonus is paid on day 91.

How To Qualify

Open with at least $25 in money not previously held at Malvern Bank; existing Malvern Bank checking customers need at least $1,000 in new money. Keep the account open for 90 days. During each statement cycle, receive at least one direct deposit, make at least 10 PIN- or signature-based debit card transactions, access online banking at least once, and remain enrolled in e-statements.

APY Details

Earn 3.04% APY on the portion of your daily balance up to $10,000 when monthly requirements are met. A secondary rate applies above $10,000. Rates may change daily.

APY Requirements

Each statement cycle, receive at least one direct deposit, make at least 10 PIN- or signature-based debit card transactions, access online banking at least once, and remain enrolled in e-statements.

The Fine Print

Monthly Fees
None
Account Type
Personal Bank Account
Expiration Date
None Listed
Availability
Iowa
Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

Premier Checking Earn the Premier Interest Rate on the portion of your daily balance between $0.01 and $10,000.00. Plus, earn a Secondary Interest Rate on the portion of your daily balance greater than $10,000.00. To earn the Premier Interest Rate, all you need to do is: Have at least one direct deposit to the account during the statement cycle. Make at least ten PIN or signature-based debit card transactions during the statement cycle. Access online banking at least once during the statement cycle. Remain enrolled for e-statements during the statement cycle. Plus, Malvern Bank is providing a Welcome Bonus of $300.00 (to be paid on day 91 of the account) if the account meets two requirements. The account is funded with money not previously held at Malvern Bank. To receive the Welcome Bonus, current Malvern Bank checking account customers may open a Premier Checking Account with a minimum of $1,000 of new money, not previously held at Malvern Bank. The account remains open for 90 days and meets each of the Monthly Requirements for each of the statement cycles. *The minimum deposit to open this account is $25.00. At our discretion, we may change the interest rate on your account daily. Fees may reduce earnings.

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