Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9

Important Information: We’re here to help, click here for important information on our coronavirus response.

Back
Scroll to top

Earn More with Interest-Bearing Checking Accounts

An interest-bearing checking account offers the interest accumulation of savings accounts with the withdrawal and check-writing ease of checking accounts. This best-of-both-worlds combination allows bank customers to accrue some interest on their balance while only needing to meet some minimum requirements.

Interest Bearing Checking Accounts

First Bank’s Interest-Bearing Checking Accounts

The money in your checking account is yours and earning interest on it matters. At First Bank, we offer three types of checking accounts (two personal and one business) that accrue interest when the minimum balance is maintained. Each is uniquely designed to meet the needs of our many different customers.

Interest-Bearing Personal Checking Accounts

  • Everywhere Plus. Our Everywhere Plus account comes with free online and mobile banking, free online bill pay, and free paper or electronic statements. Everywhere Plus customers also enjoy use of CashPoints® ATMs free of any First Bank fees and a debit/credit card rewards program for registered users.
  • Everywhere Premium. The Everywhere Premium account includes all the basics of the Everywhere Plus level while also granting unlimited out-of-network ATM transactions with no First Bank fees, free member checks or 50% off other check designs, and four free official checks per statement cycle.

Interest-Bearing Checking Account for Businesses

With our Business Interest account, business owners enjoy:

  • 250 free transactions per month
  • Cash or coin deposits of up to $10,000 every month at no charge
  • Rewards benefits with a registered credit or debit card
  • Free 24-hour telephone banking
  • Online and mobile banking

Contact your local branch and get started with an interest-bearing checking account today.

Is an Interest-Bearing Account Right for Me?

According to the Las Vegas Review-Journal, interest-earning checking accounts are typically good for people who:

  • Carry large account balances
  • Spend less than they earn
  • Keep a stockpile of cash or funds
  • Are retired and want a higher-interest product than most of today’s investment accounts
  • Pay attention to their finances and can meet the criteria needed to open an interest-earning checking account

For a related article, visit: High Interest Checking Accounts – North Carolina


While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. The First Bank Digital Banking Apps are available for select mobile and tablet devices. There is no charge from First Bank, but message and data rates may apply. Must enroll in First Bank Online Banking and download the First Bank Digital Banking App from the App Store or Google Play. Apple, the Apple logo, and iPhone are trademarks of Apple, Inc., registered in the U.S. and other countries. App Store is a service mark of Apple, Inc. Android and Google Play are trademarks of Google Inc. Free ATM network includes First Bank and CashPoints® terminals. Out of network terminal owners may charge a service fee. Eligible personal deposits include checking, savings, Money Market, CD, or IRA. Eligible personal loans do not include residential mortgage loans. See our Terms and Conditions for complete details on our One Rewards Program. Loans subject to credit approval. A transaction is defined as any checks paid, deposits, each deposited item, ATM withdrawals, debit card transactions, online and telephone funds transfers, and ACH debits and credits. Nominal fee of $0.15 per $100 of all excess deposits and for all coin and currency delivered.

———

Sources:

Las Vegas Review-Journal: http://www.reviewjournal.com/business/money/here-s-why-earning-interest-your-checking-account-matters

Trending Topics

Finance 101: Banking Basics

Finance 101: Investing in your financial future is one of the smartest things you can do. But there is more to building healthy finances than simply stashing away extra cash in your piggy bank. In this...

Best Stress-Free Checking Accounts in Jacksonville, NC

A bank’s objective is to relieve you of the stress associated with managing your money. But sometimes, people can feel like their bank is only adding more stress by making customers jump through hoops just to keep...

How Much Should I Have in Savings at Age 35?

How much money should you have in your savings account at the age of 35? It largely depends on when you started saving, your income and lifestyle, and whether you carry consumer debt. Savings for Adults in Their...

Small Business Loans for Women – Asheville, NC

Asheville, NC, has plenty of resources available for women entrepreneurs and business owners, making it a great choice for any women looking to start a business. If you’re an aspiring entrepreneur, First Bank offers...

Best Bank for Checking Account – Jacksonville, NC

If you’re looking for the best bank for checking accounts in Jacksonville, NC, it might look a lot like the First Bank’s located on New Bridge Street and Western Blvd. Behind the diversity, convenience and...

Find the Best Savings Account Rates at First Bank in North Carolina

Finding the best savings account rates in North Carolina can be beneficial for many reasons. Whether you want to save money in the case of an emergency or start a fund for your child’s education, having the right...

Banks in North Carolina

Did you know there are more than 100 First Bank locations in North Carolina? It’s true. You can find us in over 60 cities, mountains to coast. Did you know we’re one of the oldest banks in North Carolina? Yup,...

Get a Jump-Start with the Best Savings Account for Kids in Florence, SC

The percentage of children in Florence, SC, under the age of 18 (24.2%) ranks higher than the state average (22.0%) and even the national average (22.6%). Given this abundance of young children in the area, it’s...

Four Different Types of Services | Banking

A bank’s job is to provide customers with financial services that help people better manage their lives. As technology advances and competition increases, banks are offering different types of services to stay...

Best Business Checking Accounts in Asheville, NC

If you own a business, or are looking to start one, you might be worrying about where to put your money, among other things—don’t worry, we understand. At First Bank¹, we are dedicated to helping local...