CashBack Saver

Peoples State Bank’s FREE CashBack Checking with a linked CashBack Saver* account work together to build your savings automatically. When you qualify for CashBack Checking rewards, you automatically qualify for a higher CashBack Saver rate, no additional qualifications!

Open your account today, or contact your local branch for more information.

  • Minimum to Open Account: $25
  • Minimum Daily Balance: None
  • Interest: CashBack Saver* Interest Tiers:(2) $0.01-$5,000 and $5,000.01 and up
  • Monthly Service Fee: None
  • Processing Fees(4): 6 FREE withdrawals per month; $1 each additional(3)
  • Online Banking: FREE
  • Bill Pay(4): N/A
  • Statements: FREE monthly eStatement combined with CashBack Checking Account (required)
  • Statement Cycle: End of the month

 

*FREE CashBack Checking with a linked CashBack Saver account work together to build your savings automatically. When you qualify for CashBack Checking rewards, you automatically qualify for a higher CashBack Saver rate, no additional qualifications! No minimum balance is required to earn CashBack rewards. Not available as a stand-alone product; must be opened in conjunction with a CashBack checking account.
(2) We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
(3) You may make no more than six (6) transfers and/or withdrawals during any one (1) calendar month or statement cycle to another of your accounts with us or to a third party by preauthorized, automatic, online or telephone transfer.
(4) Sales tax may apply.
Interest rates are subject to change at the bank’s discretion at any time. The annual percentage yield may vary due to the interest rate changes and fees. Click here for current interest rates and annual percentage yields based on designated balance tiers.