Because you loved our Valentine’s Rewards CD promotion so much, we’ve decided to extend it a little while longer. Spring is near and now is the time to plant the seeds for serious future earnings!
To take advantage of these incredible CD rates, all you need is a Rewards Checking Account and meet the requirements of that account each month.
Accounts blooming with rewards...
4 steps*** to Rewards Checking!
1. Sign up to receive monthly e-statements
2. Receive at least one direct deposit per statement cycle
3. Make at least 15 debit card purchases per statement cycle (excluding ATM transactions)
4. Sign up and use Home Banking and Bill Pay at least once per statement cycle. (A statement cycle ends the last business day of the calendar month.)
• Earn 1.75% APY on balances up to $24,999.99
• Balances over $24,999.99 receive our Relationship Checking rate, which is .05% APY**
• ATM fee refunds nationwide****
• No monthly fee
• No minimum balance required to maintain account†
• Earn 1.25% APY†† on balances up to $50,000 when you meet the qualifications on your Rewards Checking Account
• Earn our Statement Savings Account Rate if Rewards Checking Account qualifications are not met†††
• Balances above $50,000 will be swept to your Rewards Checking Account
Make sure to take advantage of these CD specials and our great Rewards Checking and Savings Accounts. The CD specials are only available for a limited time. For more information, stop by any branch, visit southshorebank.com or call us at (800) 875-3553.
*Annual Percentage Yield (APY) as of 2/3/14 and is subject to change. Minimum balance to open is $1,000. Personal customers only. A penalty will be charged for early withdrawal. Must already have or open a Rewards Checking account to open this certificate of deposit. Must meet Rewards Checking Account requirements for the prior month to earn the advertised APY. (The 14-month Rewards CD will revert to a rate of 0.50% APY if Rewards Checking Account requirements are not met. At maturity, the 14-month Rewards CD will roll into a standard 15-month CD. The 44-month Rewards CD will revert to a rate of 1.00% APY if Rewards Checking Account requirements are not met. At maturity, the 44-month CD will roll into a standard 48-month CD. Account requirements will be waived for the first statement cycle.) Offer may be withdrawn at any time. **1.75% Annual Percentage Yield (APY) as of 2/3/14 is paid on balances up to and including, $24,999.99 provided all other account requirements are met. For balances $25,000.00 and above, the Relationship Checking Interest Rate of 0.05% APY will be paid on the portion of your daily balance that is $25,000.00 or greater. If requirements are not met, the Relationship Interest Rate of 0.05% will be paid on balances above and including $10. The APY will range downward from 1.75% depending on the balance in the account. For example, the APY for a balance of $50,000.00 would be 0.90%. Normal activity charges will apply. Fees could reduce earnings. Rates may change at any time without prior notice. Rates may change after account opening. ***Requirements for each statement cycle are: make at least 15 debit card purchases; sign up and use Home Banking and Bill Pay at least once per statement cycle; receive at least one direct deposit per statement cycle, and receive a monthly e-Statement. ****If requirements are met, South Shore Bank will refund up to $10 per statement cycle and will not charge a foreign ATM fee for using another bank’s ATM. Account requirements will be waived for the first statement cycle. †$10 minimum deposit to open. Offer may be withdrawn at any time. One account per tax reporting owner. A statement cycle ends the last business day of a calendar month. ††Must already have or open a Rewards Checking Account. 1.25% Annual Percentage Yield (APY) as of 2/3/14 is paid on balances up to and including $50,000 provided all account requirements of your corresponding Rewards Checking Account are met for the prior month. †††If requirements are not met, you will earn our Statement Savings Rate, which is 0.05% APY as of 2/3/14, on balances above and including $10. Amounts above $50,000 will be automatically swept to your Rewards Checking Account. This sweep is part of the maximum of 6 transfers allowed from a savings account per month. Rates may change at any time without prior notice. One per tax reporting owner.