A perfect account for customers 50 and over
Are you over 50 and looking for a checking account that offers more than just a place to store your money? If you've ever wondered, "Do checking accounts earn interest?" you're in the right place!
With a 50+ Checking Account from West Plains Bank and Trust Company, you can earn interest while enjoying the convenience and features of a standard checking account. This account is designed to help you grow your balance with a competitive interest rate.
Key Features:
- Earn Interest: Grow your balance with a competitive interest rate.
- Convenient Banking: Enjoy direct deposit, a free debit card, and no minimum balance requirements.
- No Hidden Fees: Benefit from no hidden monthly fees or service charges.
- Compounding Interest: Use the power of compounding interest to build your balance over time.
How Does a 50+ Checking Account Work?
Standard checking accounts offer convenience and user-friendly features, but they typically don't pay interest on your balance like a savings account. With a 50+ Checking Account, you get the best of both worlds: the flexibility of a checking account combined with the earning potential of a savings account!
What is a 50+ Checking Account? A 50+ Checking Account allows you to earn interest on your balance, helping your money grow over time. Interest is a reward you earn for allowing the bank to use your money for loans and other transactions. The interest rate is a percentage paid by the bank for using your balance each month.
Benefits of a 50+ Checking Account:
- Earn More: The more money you have in your account, the more interest you earn.
- Zero Risk: West Plains Bank and Trust Company is FDIC insured, ensuring your money is safe.
- Great Rates: Enjoy competitive interest rates on your account balance.
- Easy Qualification: Set up direct deposit or automatic payments to qualify for your 50+ Checking Account.
Other Features of 50+ Checking Accounts
A 50+ Checking Account from West Plains Bank and Trust company has a host of great features, including...
- FREE standard checks
- Competitve interest
- No minimum balance
- No monthly service charge
- Free thank you gift* at account opening
- Buyback of unused checks and debit cards** when you switch from another bank
*Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening. We reserve the right to substitute a gift of similar value.
**Up to $10 for checks or debit cards from another financial institution, given at the time the checks or debit cards are presented.