Premium Saver
Saving doesn't have to be difficult. A National Bank of Arkansas Premium Saver account makes it easy. This automatic saving tool skyrockets your balance, earning 1.00% APY* on balances up to $30,000 and 0.30% APY* on balances over $30,000 on top of the 2.50% APY* and ATM fee refunds from your Premium Rewards Checking account each monthly qualification cycle! And oh yeah, there's no minimum balance to open. Easy, right?
- Summary
- 1.00% APY* on balances up to $30,000
- 0.30% APY* on balances over $30,000
- 0.05% APY* if qualifications are not met
- Linked to Premium Rewards Checking
- Automatic deposits from Premium Rewards Checking interest earnings and ATM fee refunds
- No minimum balance to earn rewards
- No minimum deposit to open
- Free online banking
- Free eStatements
- Free direct deposit
- Free mobile banking
- Free telephone banking
- FDIC insured
Qualifications
By qualifying for Premium Rewards Checking, you automatically qualify for Premium Saver. Check to make sure you're doing the following each monthly qualification cycle:
- Have at least 12 debit card purchases post and clear
- Receive eStatements
- Have at least 1 direct deposit or automatic payment post and clear
If you don't qualify in a given statement cycle, don't worry. There's no penalty for not qualifying in a given monthly qualification cycle. You still have a free savings account that earns a base 0.05% APY*. Plus you can get right back to making 1.00% APY* the next cycle you qualify.
*Minimum to open account is $0 for Premium Saver. Annual Percentage Yield (APY) accurate as of 02/11/13. The advertised Premium Rewards Checking APY is based on compounding interest. The interest earned in Premium Rewards Checking is automatically transferred to Premium Saver each statement cycle and does not compound. The actual interest paid may be less than the advertised APY. The Premium Saver APYs may be less than the Premium Rewards Checking APYs. Premium Saver rate tiers are as follows: 1.00% APY applies to balances of $0.01 - $30,000 and 0.30% APY applies to balances over $30,000 if qualifications are met during the monthly qualification cycle on the Premium Rewards Checking account. 0.05% APY applies to all balances if qualifications are not met on the Premium Rewards Checking. All balances will earn 0.30% APY – 1.00% APY if qualifications are met on the Premium Rewards Checking. Qualifying transactions must post and clear Premium Rewards Checking during monthly qualification cycle. Transactions may take one or more banking days from transaction date to post to an account. Intra-bank transfers do not count as qualifying transactions. Rates may change after account is opened. Fees may reduce earnings. Available to personal accounts only. No monthly service fee.
**ATM Fee refunds ( Premium Rewards Checking account only) up to $25 provided only if qualifications are met within monthly qualification cycle.
