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Cash Rewards Checking


KEY FEATURES OF THE CASH REWARDS CHECKING ACCOUNT


The Cash Rewards checking account is limited to individuals for personal use.

  • No minimum balance required to earn rewards or maintain account.
  • Unlimited check writing.
  • Cash rewards will be credited on a monthly basis.
  • In order to be qualified to receive cash back rewards, an account must have at least one (1) direct deposit or electronic payment (ACH) post and settle during the current monthly statement cycle.
  • If qualifications are met, account holders are limited to receiving monthly rewards as detailed below.

BEGIN EARNING CASH REWARDS TODAY!

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Cash Rewards Checking Account - How to Earn Rewards


$2 Cash Rewards

With at least $300 of posted and settled debit card transactions in the current monthly statement cycle or $500 posted and settled transactions on a Blackhawk Bank & Trust Visa credit card in the previous calendar month;

$4 Cash Rewards

With at least $750 of posted and settled debit card transactions in the current monthly statement cycle or $1,000 posted and settled transactions on a Blackhawk Bank & Trust Visa credit card in the previous calendar month;

$6 Cash Rewards

With at least $1,500 of posted and settled debit card transactions in the current monthly statement cycle or $2,000 posted and settled transactions on a Blackhawk Bank & Trust Visa credit card in the previous calendar month.


     

Bonus Cash Rewards

  • An additional $1.50 in cash rewards bonus per month will be earned by Cash Rewards checking account customers who maintain a monthly average personal relationship balance of at least $15,000 during the current monthly statement cycle.
  • An additional $20 cash reward bonus will be credited within 60 calendar days of the date the customer opens a new personal Loan account.
  • An additional one-time $20 cash reward bonus will be credited in the same month that the customer opens a new personal Money Market account during the current monthly statement cycle. There is a $2,500 minimum deposit requirement to open a Money Market account.

Account Fees (and how to avoid them)

  • This account contains a monthly service charge of $5 if one (1) of the following two conditions are not met:
    1. Maintain a minimum daily balance of $300 and have at least ten (10) posted and settled debit card purchases within the current monthly statement cycle; OR
    2. Have at least twenty (20) posted and settled debit card purchases within the current monthly statement cycle.
  • A per transaction fee of $0.50 will be assessed for all mobile deposits; this account type qualifies for two (2) refunded transaction fees per monthly statement cycle in which the customer qualifies to have their monthly service charge waived.
  • A per transaction fee of $1.50 will be assessed for foreign ATM transactions; this account type qualifies for three (3) refunded transaction fees per monthly statement cycle.
  • This account contains a monthly paper statement fee of $5 for those not enrolled in eStatements.
  • This account contains a $2 additional fee if customer requests check images to be returned with paper statements.
  • A monthly inactivity fee of $5 will be assessed after six (6) consecutive months of no transaction activity within the account.
  • A monthly dormant account fee of $10 will be assessed after twelve (12) months of no transaction activity within the account.
  • Fees may reduce earnings.

Definitions

  • “Debit card purchases” do not include ATM processed transactions.
  • “Credit card transactions” do not include ATM processed transactions or cash advances.
  • “Electronic payment (ACH)” does not include debit card purchases or transactions processed by merchants as “electronic checks”.
  • “Personal relationship balance” is comprised of any personal account with Blackhawk Bank & Trust that the primary Cash Rewards Checking account holder is an owner or borrower.
  • “Personal relationship balance” is calculated one day prior to the end of the monthly statement cycle and includes any combination of average daily balance of personal Checking, Savings, or Money Market accounts and current balance of any Certificate of Deposit, Individual Retirement Account or Loan account.

Account Limitations

  • Limited to two (2) Cash Rewards Checking accounts per household.