FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
WorkPerks bank accounts are structured with higher interest percentages than regular bank accounts. These accounts include a checking, savings, and money market account.
Requirements:
Benefits of a WorkPerks Checking Account:
Most accounts require a higher threshold before they become interest-bearing, but not with WorkPerks! Your paycheck will be deposited automatically, and at $1,000, it will start earning interest for you.
The moment your checking account opens, you’ll be eligible to open one or both of the other accounts to earn even more interest.
Benefits of a WorkPerks Savings Account:
Starting with just $100, you can begin earning 1.25% APY, rewarding you for the money you save. Save more, earn more — and get closer to your big purchase goals.
Benefits of a WorkPerks Money Market Account:
A WorkPerks money market account makes your dollar work harder for you, and tiered rates mean you have the opportunity to earn more with a higher balance.
How to Get Started
Click here to open your WorkPerks accounts online
Annual Percentage Yield = APY. 1.25% APY = 1.24 APR | 1.5% APY = 1.49% APR | 1.75% APY = 1.74% APR (compounding monthly) Rates subject to change.
90-day grace period before fees begin to take effect. Fees could reduce earnings on accounts.
*If the direct deposit requirement is unmet after 90 days, or direct deposit is removed from the account, you will receive a $10 monthly service charge. Subsequently, if Direct Deposit disappears, reward rates are no longer applicable for Savings and Money Market accounts.