Commerce Bank wants your business and they are willing to pay up to $100 for you switch. With their myRewards checking account, convenience and accessibility are the two main principles. Great rewards are with this account as well, such as free Commerce ATM transactions, Online Banking, Online Bill Pay and Mobile Banking. A great feature is that the $7 monthly fee can be waived if the account is set up with at least one single direct deposit of $500 or more during the month or a combined balance of $1,500. If you already have existing accounts at Commerce Bank and have more funds in other accounts like savings or money market accounts, then the monthly fee will be waived.
Complete the requirements below and you can find yourself $100 richer:
Direct Deposit – $20 Reward
- To qualify, the direct deposit must go directly into the account twice in the first 3 months. $20 for each new deposit added.
Automatic Payments – $5 Reward
- To qualify, the payment needs to come from the account twice in the first 3 months. $5 for each new payment added.
Online Bill Pay – $10 Reward
- Commerce Bank will pay you $10 when you enroll and make your first payment.
Mobile Banking – $15 Reward
- Access your banking information a minimum of 3 times a month during the first 3 months of the account’s opening and Commerce Bank will give you $15.
Alerts – $5 Reward
- Sign up for email alerts through Online Banking for the first 3 months and Commerce Bank will pay you $5.
Debit Card – $10 Reward
- Use your debit card 10 times in one month (during the first 3 months) and they will give you $10.
Savings – $10 Reward
- Open a savings account with at least $250 and you earn $10. Limit one per household.
Premium Money Market Account – $25 Reward
- Open a Premium Money Market Account with at least $1,000 and get $25. Limit one per household.
ATM Deposits – $10 Reward
- During the first 3 months, make 3 deposits at a Commerce ATM.
Terms & Conditions: To receive incentive, your account must be in good standing three full months after opening. Incentive credited the next month based on the number of actions listed completed in the first 3 months. Incentive of $10 or greater reported as interest to the IRS. Maximum total incentive $100. As of 5/15/2011, 0.10% Annual Percentage Yield (APY) on CommerceOptions Checking, 0% APY on myRewards Checking. Limited-time offer. To qualify for Direct Deposit set up, the deposit must go directly into your account twice in the first three months. To qualify for incentive on Automatic payments, the payment needs to come from your account twice in the first three months. To qualify for the Mobile Banking incentive access your Online Banking account from your mobile device a minimum of 3 times a month during the first three months. Your mobile carrier’s text messaging and web access charges apply. Savings Account and Premium Money Market Account incentives are limited to one per household.
Combined balances of $1,500 or more in Commerce checking, savings and money market accounts must be maintained by the person whose name appears first on the account. Qualifying balances are determined by using the actual daily balance on the day prior to the checking account statement cycle.
Your mobile carrier’s text messaging and web access charges may apply.
