Investing in Bonus Interest Checking at Bank United

Bank United is the place to go to when people want to open checking accounts. This kind of account offers convenience to consumers since it allows them to transact in big amounts. With so many banks and financial institutions offering this service, why choose Bank United?

About Bank United

This bank was established on May 21, 2009 with the leading capabilities of John A. Kanas. Today, it is known to be one of the well capitalized banks in the nation with an investment of $900 milliion. Despite being a relatively new bank, Bank United has more than 90 branches in the whole country with a whopping $11 billion in total assets. With such credentials, their main focus is to establish good connections to their customer base. And today, one of their best offering in terms of their services is the bonus interest checking.

Bonus Interest Checking

When people decide to open a bonus interest checking account, they will be able to earn as much as $15 every month. This earning is possible because Bank United offers a 1% bonus when the account holders will pay via direct deposits monthly. Examples of these are pension payments, social security benefits, payrolls, and interest transfers. Some other features include competitive interest rates, free official and standard checks, traveler’s checks, free ATM transactions, free online bill pay and banking, and free Visa Check service. Aside from this, the monthly fee of $15 for its maintenance is waived once the minimum balance requirement is met. There are also 5 free non-Bank United transactions and for the exce ss of this, the charge is only $2. For those who want to open this checking account, holders will need to make a minimum deposit of $1,000. This amount is reasonable given the nature of the account.