As more and more people are recognizing the benefits of online banking there are a number of institutions trying to capitalize on the popularity and promising to deliver to their customers incredible rewards. While these institutions may make the promises only one bank delivers, Bank of Internet USA, America’s oldest and most trusted Internet bank.
Among the programs offered by BofI is their rewards checking account, breaking from traditional banks and promising no monthly maintenance fees and no minimum balance requirements. Of course this isn’t the only benefit of BofI’s rewards checking account, in fact they have an extensive menu of benefits that include:
Free Mobile Deposit - Deposit checks instantly 24/7 wherever you and your phone go.
Free MyDeposit - Deposit checks instantly from the comfort of your home or office
Free initial checks (50-pack) if ordered at account opening
Free Visa® Debit card
Free online banking with free Bill Pay, mobile banking, email and text messaging alerts
Free Person to Person Transfers Popmoney
Free online images of checks and statements
Free FinanceWorks™ powered by Quicken, an easy budgeting tool available to Rewards Checking customers
Free Purchase Rewards - save time and money - get cash back when you shop
Free postage-paid envelopes
Free online transfers
In addition to these benefits BofI’s rewards checking comes with unlimited ATM reimbursements as well as free FinanceWorks™ money management software. To make their rewards checking program even more attractive, BofI customers can earn up to 1.25% on all balances and it only takes $100 to open an account.