Belmont Education Rewards Checking - Belmont Savings Bank

Belmont Education Rewards Checking Account

$50 for the FBE and $50 for you*. Foundation for Belmont Education.

It's a win-win! The Belmont Education Rewards Checking account is the best-in-market checking account that rewards both you and the Foundation for Belmont Education (FBE). There has already been $45,000 donated!** When you open an account, we’ll give $50 to you and $50 to the FBE. But that’s just part of the story.

You get our best checking account:

Every ATM you see is free (we even refund other banks fees)^

Free mobile banking and mobile deposit

State-of-the-art online banking & bill pay

Plus, a $50* deposit into your account

Belmont schools get:

$50* contribution per account

.25% annual interest on the average monthly balance in your account for school programs

Learn more about the personal checking accounts that we offer. Contact our Banking team, visit one of our branch locations, or complete the form below and a Banker will reach out to you shortly.

^Each statement cycle the Belmont Education Rewards Checking is inactive, all ATM surcharges for that statement cycle will apply. To avoid a $25.00 monthly service charge, the account must be active. Belmont Education Rewards Checking is considered active with direct deposit(s) within each statement cycle or $2500 average daily balance or 5 debit card POS (pinned or signature) transactions that post and settle during the statement cycle or 5 third party cleared checks per monthly statement cycle or 5 online bill payments during the monthly statement cycle. .25% annual interest is calculated on the average monthly balance of all Belmont Education Rewards Checking accounts and paid semi-annually (June & December) to the Foundation for Belmont Education (FBE). Customers will be notified semi-annually (June & December) of the amount donated on behalf of their account.

*For both you and the school to earn $50, you must sign up for direct deposit or apply for a debit card or enroll in online banking. The $50 will be credited to your Belmont Education Rewards Checking account and a $50 contribution will be made to the FBE within 90 days following the addition of direct deposit, a completed debit card application or enrollment in online banking. A $250.00 minimum deposit (new money only) required to open a Belmont Education Rewards Checking account.

**Total donation amount includes donations from Belmont Education Rewards Checking, Belmont Savings Bank, and the Belmont Savings Bank Foundation.