Checking Account Changes
For starters, we’ve renamed it to the Simplicity Checking account, which reflects what it is, a simple and straightforward checking account. In addition, we’ve reduced the monthly service fee to $5, and added new ways for you to get the monthly fee waived. Now, if you use your Xceed debit card for 10 or more point-of-sale purchases in a month, we’ll waive your fee!
For starters, we’ve renamed it to the Signature Checking account, which reflects the new signature-level perks you’ll enjoy, including a Platinum Debit card, a rebate of 5 cents per purchase (up to $5 per month), Personal Identity Theft Coverage, Roadside Dispatch Coverage, and more! In addition, we’ve added new ways for you to get the monthly fee waived. Now, if you have $25,000 or more in aggregate monthly average balances (including savings, checking, money markets, certificates, retirement accounts, credit cards, and loans) we’ll waive the monthly fee!
Most of these awesome updates will happen automatically, and you’ll start enjoying your new benefits on September 5, 2018.
If you have a Signature Checking account but you don’t yet have a Platinum Debit Card, you’ll need to request one to start taking advantage of all the perks. If you have a Simplicity Checking account and you’d like to upgrade to a Signature Checking account, just let us know!