Earn CD-like interest rates with MyRate Checking, Utah’s best* rewards checking account. And now through the end of the year†, earn $25 for every referral that opens and meets the requirements of a MyRate Checking account.
Here’s how it works:
2. Your friend brings the completed coupon to a Bank of American Fork branch and within 30 days of opening a new‡ MyRate Checking account signs up for eStatements, reaches a minimum daily balance in the new account of at least $100 for at least one business day and completes at least one point-of-sale transaction with their Visa check card.
3. We will deposit a $25 cash bonus into your account and your friend’s account promptly after we verify that the terms of this offer have been met.
The fine print:
*Based on a survey of Utah banks and credit unions offering rewards checking accounts on Sept. 26, 2011. Survey available upon request.
†Offer expires December 31, 2011. Bank of American Fork may terminate the offer before that date.
Existing customer (referrer): Bonuses will be credited to existing Customer (referrer) Bank of American Fork checking account promptly after we verify that the new customer they referred opened a qualifying MyRate Checking account and met all terms of this offer. Bank of American Fork reserves the right to determine the eligibility of new customers (referees) and existing customers (referrers) for this offer. Referrals not sent in good faith may be disqualified. Amount of bonuses limited to $500 per customer per calendar year. Existing customer may be an employee of Bank of American Fork.
New customer (referee): To qualify for bonus: This referral form must be presented at the time of the MyRate Checking account opening and terms of referral program must be met.
‡ New customers are not eligible if they currently sign on any consumer checking account at Bank of American Fork.
APY: When monthly reward requirements are met during a qualification cycle: an interest rate of 2.49% will be paid only for that portion of your daily balance that is greater than $0, but less than $25,000.01; the annual percentage yield (“APY”) for this tier will be 2.52%; an interest rate of 0.75% will be paid only for that portion of your daily balance that is greater than $25,000; the APY for this tier will range from 2.52% to 1.19%, depending on the balance in the account; the 1.19% assumes a daily balance of $100,000. When monthly reward requirements are not met: the interest rate paid on the entire balance will be 0.25% with an APY of 0.25%. Rates effective 04/07/11. The rates may change after the account is opened. A minimum deposit of $10 is required to open the account.
The name Visa is a federally registered trademark of Visa.