A checking account for your golden years
If you are at least 50 years of age, this checking account offers all the features you need from an interest-bearing checking account with no monthly maintenance service charge, plus much more!
- FREE access to Online Banking1
- FREE access to Mobile Banking with Mobile Deposit2,3
- FREE unlimited bill pay1,2,3
- FREE Account to Account (A2A) Transfers - Transfers between American Bank and other financial institutions are available through online banking
- FREE checks (limited designs)
- FREE Visa® Debit Card4,5
- FREE Debit Card Rewards Program - Earn debit card rewards with UChoose Rewards6
- Unlimited check-writing
- Non-American Bank ATMs - We do not assess a fee for transactions performed at non-American Bank ATMs7
- Surcharge Free ATM Access - Look for Allpoint & No Sur! Accel ATMs
- $5.00 Safe Deposit rental discount
- Statements - Electronic or paper statements available at no charge
- Download transactions at no charge to Quicken and MS Money3,8
- $1.00 minimum balance required to open
- No monthly maintenance service charge
- No minimum balance required to earn the stated interest
1 Internet service provider charges apply
2 Mobile device and usage charges may be assessed by your carrier
3 Online Banking required
4 Receive real-time alerts to monitor your Visa transactions; requires separate sign-up (purchasealerts.visa.com)
5 Overdraft Item fees may apply
6 UChoose Rewards requires separate sign-up (uchooserewards.com).
7 Fees may be charged by the owner/operator of the ATM
8 Software purchase required
| Tiers | Interest Rate | APY |
|---|---|---|
| $0.00 - $999.99 | 1.00% | 1.01% |
| $1,000.00 - $9,999.99 | 1.24% | 1.25% |
| $10,000.00 - $24,999.99 | 1.24% | 1.25% |
| $25,000.00 - $49,999.99 | 1.24% | 1.25% |
| $50,000.00 - $99,999.99 | 1.49% | 1.50% |
| $100,000.00 and above | 1.98% | 2.00% |
- Individuals must be at least age 50
- $1.00 minimum balance required to open
- No minimum balance required to earn the stated interest
- No monthly maintenance service charge
- Interest is compounded daily & earned on the daily balance based on a tiered-rate structure
- This is a tiered-rate account. The interest rate and APY may change after account opening
- Fees may reduce the earnings on the account
- Rates are subject to change at any time without notice