When you want premium interest and use your debit card a lot, this is your account.
Plan wisely. Live well.
Here's what you need to know about
Great Rewards Checking
Minimum opening deposit
$50
Minimum Balance
$0
Monthly Fee*
$3.95
*Eliminate your monthly fee when you carry a daily balance of $10,000 or more or make at least 14 purchases that post and clear during the statement cycle. The fee is reduced by $0.30 each time you use your debit card.
Great Rewards Account Benefits
- Earn interest
- Non-network ATM fee reimbursements— up to $20 per statement cycle, automatically added to your account.
- One overdraft fee elimination coupon per account holder.
Free Account Features
- Mastercard® debit card
- Online banking
- Mobile banking and mobile deposit*
- Bill pay
- Online statements**
- Bank Midwest Debit Mastercard®***
— Mastercard ID Theft Protection™
— $0 Liability for unauthorized charges
— Enjoy fee-free access to cash at 40,000 MoneyPass® network ATMs in the United States.
*There is no fee from Bank Midwest. Connectivity and usage rates may apply. Contact your wireless provider for more details.
**Paper statements optional for $3 per month.
***Certain restrictions and limitations apply to these and other benefits. Full details will be provided when you become a Bank Midwest Debit Mastercard cardholder.
Interest Rates
- RATE0.01%APY*0.01%
If you don’t meet the qualifications.
- RATE1.00%APY*1.03-2.02%
when you meet the qualifications and have a minimum daily balance over $20,000.
- RATE2.00%APY*2.02%
when you meet the qualifications and have a daily balance of $20,000 or lower.
*Annual Percentage Yields (APYs) effective as of July 7, 2025, and subject to change without notice. Fees may reduce earnings.
Earn the most when you meet the following qualifications*
Make 14 Mastercard debit purchases each statement cycle.
Use one ACH auto debit or direct deposit.
Receive online statements.
*Great Rewards Checking Additional Detail: Monthly qualifications to earn the premium rates: 14 debit card purchases, 1 automatic debit or direct deposit, and enroll and receive online statements. Each monthly qualification cycle the qualifications are met: balances up to $20,000 receive APY of 2.00%; and balances over $20,000 earn 1.00% interest rate on the portion of the balance over $20,000, resulting in 1.00% – 2.00% APY, depending on the balance. If qualifications are not met, all balances earn 0.01% APY.