Rewards Checking

Earn Up to 1.25% APY1

Experience the convenience and ease of online banking with the financial benefits of a premium, interest-bearing checking account, including the ability to earn up to 1.25% APY1. The Rewards Checking account from Bank of Internet USA is our top-tier checking account, offering our highest interest rates, along with free online banking, unlimited domestic ATM reimbursements, and exclusive cash back purchase rewards.

Benefits of Rewards Checking

  • Earn up to 1.25% APY1
  • Unlimited domestic ATM reimbursements
  • Cash Back
  • Bank of Internet USA Visa® Debit Card with chip technology

Account Details

  • No monthly maintenance or service fees
  • No minimum monthly account balance requirements
  • Overdraft protection available by linking your or with no associated overdraft or non-sufficient funds fees
Shopping Family

Rewards Checking Interest Rates

Earn Up To 1.25% APY1

The more conditions you meet, the more interest you earn.

For example, one condition will earn 0.4166% and two conditions will earn 0.8332%.
Meet all three and you will earn the full 1.25% APY1.

Meet all conditions
to earn



Condition(s) APY1
Receive monthly direct deposits totaling $1,000 or more earn 0.4166%
Use your Bank of Internet USA Visa® Debit Card at least 10 transactions per month (min $3 per transaction) earn 0.4166%
add 5 more transactions
for a total of 15
(min $3 per transaction)
earn 0.4166%
Total 1.25%
1.25 .19

How do we rate? Calculate your earnings3.

Calculated at the Maximum Tiered Rate of 1.25% APY | Interest Compounded Daily



You Could Earn $0.00 with Bank of Internet USA or
$0.00 with the National Average4.

Digital Tools

  • Free TM powered by Quicken, an easy budgeting tool available to Rewards Checking Customers.
  • Free Person to Person Transfers with ®
  • Use Green Dot® Reload @ the RegisterTM to conveniently deposit cash nationwide2 with your Bank of Internet USA Visa® Debit Card.

Turn Your Everyday Purchases into Cash

You're eligible for exclusive cash back offers when you use your Bank of Internet USA Visa® Debit Card. All you have to do is:

  1. Click to activate exclusive cash back offers at the places you like to shop.
  2. Shop online or in stores to redeem your offers by paying with your card.
  3. Enjoy cash back, automatically deposited directly into your checking account at the end of the next month.

Log in to your account at Bank of Internet USA at to let the savings begin.

If you have any questions about the cash back offers available with the Rewards Checking account, please don't hesitate to contact us by email at or to call us toll free at 1-877-541-2634.

Overdraft Protection: Peace of Mind vs. In a Bind

What happens if an important check does not clear due to a miscalculation? With Overdraft Protection from Bank of Internet USA, you don't have to worry about the answer to that question at all. Your check will clear. And if such a miscalculation never occurs and you don't need our Overdraft Protection, it won't cost you a single dime.


Overdraft Protection by Linking Accounts

As with , our other interest-bearing checking option, you can link your Rewards Checking account to an or , and use the balance in the linked account to cover any shortfall in your online checking account (up to the full balance of the linked account).

To set up overdraft protection, log in to your Bank of Internet USA account and send us a secure message indicating the last five digits of the account numbers of the two accounts you would like to have linked together. (Please note that regulations limit savings and money markets accounts to a maximum of six transactions per month.)