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 1. Home
 2. Checking
 3. Reward Checking


REWARD CHECKING

Reward Checking makes it easy to earn interest on your checking account balance
by meeting a few simple qualifications. 
Open an Account



REWARD CHECKING

Reward Checking makes it easy to earn interest on your checking account balance
by meeting a few simple qualifications. 
Open an Account



EARNING LEVELS AND QUALIFICATIONS

The items listed below must post and settle4 to your account each qualification
cycle to earn the higher interest rates and ATM service charge refunds. ATM
service charge refunds are capped at $15 per statement cycle.

Requirements must be met by the third Wednesday of each month. Statements will
cut and interest will credit to the account the following business day.

 

 

Level


3

Earn the highest interest rate and ATM service charge refunds2

Level


2

Earn a higher interest rate and ATM service charge refunds2

Level


1

Earn interest

Balance

APY1

Interest Rate


APY1

Interest Rate


APY1

Interest Rate
Balance of $0 to $149,999.99
3.04%
3.00%

1.36%
1.35%

0.01%
0.01%
Balance of $150,000 and over
2.53%
2.50%

1.11%
1.10%

0.01%
0.01%
Qualifications and perks





Receive e-Statements




Minimum 20 everyday debit card transactions3




If you don’t qualify for level 2 or level 3 rewards in a particular month, don’t
worry!
There’s no penalty, no monthly service charge, and you still earn our base
interest rate.
Plus, you can get right back to earning the higher interest rates and ATM
service charge refunds the very next month.

Minimum 8 everyday debit card transactions3




Minimum 4 ACH5 items must post and settle4




Minimum 1 bill payment must post and settle4




1 ACH5 item OR 1 bill payment must post and settle4





EARNING REWARDS

In order to take full advantage of City Bank's Reward Checking Account, there
are a few qualifications that must be met each statement cycle.

EVERYDAY DEBIT CARD TRANSACTIONS3


Everyday debit card transactions are required to post and settle4 to your
account during the statement cycle. Keep in mind that these transactions post
and settle as the merchant submits the actual transaction.
Tips:
• Complete your minimum qualifications early in the statement cycle.
• Use your debit card more than the minimum required number of times during each
statement cycle.
• ATM transactions to receive cash do not qualify as an everyday debit card
transaction.
• A credit or refund to your account does not qualify as an everyday debit card
transaction.

BILL PAY


City Bank's bill pay feature lets you pay your bills with just a few clicks.
There is no limit to the number of payees you can have, and you can also view
your payment history.
Tips:
• Allow 7-10 days for an online bill pay check to clear and 48 hours for an
electronic transaction to clear.


ACH TRANSACTIONS


To qualify for the higher interest rates, an ACH5 is required. An ACH is an
electronic funds transfer such as a utility bill or payroll direct deposit. 
Tips:
• Have several ACH transactions set up on your account. 
• Automatic payments for a City Bank loan will count as an ACH. 

E-STATEMENTS


To qualify for the higher interest rates, e-Statements are required. Sign up for
e-Statements through your online banking at city.bank or City Bank's mobile
banking app. 

 

 

Please be advised that you are leaving City Bank's website. This link is
provided as a courtesy.  City Bank does not endorse or control the content of
third party websites.
Proceed Stay here



IT'S SIMPLE TO SAVE AND EARN ON MULTIPLE ACCOUNTS. 

REWARD CHECKING + RESERVE ACCOUNT(S) = REWARD PLUS

Your Reward Plus account(s) links to your primary Reward Checking account so you
can earn a higher interest rate on two or more accounts. No additional
qualifications are necessary for Plus accounts and compared to a Savings
account, your Plus account(s) are more flexible and can earn a better interest
rate. 

Your Reward Plus account(s) can be linked to your current debit card as a
secondary account. This means you cannot make purchases with this account, but
you can withdraw money at any City Bank owned ATM. You can even make deposits to
your Reward Plus account(s) as needed. 


REWARD PLUS EARNING LEVELS

 




 

Level


3

Earn the highest interest rate and ATM service charge refunds2

Level


2

Earn a higher interest rate and ATM service charge refunds2

Level


1

Earn interest

 

APY1

Interest Rate


APY1

Interest Rate


APY1

Interest Rate
2.78%
2.75%

1.11%
1.10%

0.01%
0.01%
Qualifications and perks





Receive e-Statements




Minimum 20 everyday debit card transactions3




If you don’t qualify for level 2 or level 3 rewards in a particular month, don’t
worry!
There’s no penalty, no monthly service charge, and you still earn our base
interest rate.
Plus, you can get right back to earning the higher interest rates and ATM
service charge refunds the very next month.

Minimum 8 everyday debit card transactions3




Minimum 4 ACH5 items must post and settle4




Minimum 1 bill payment must post and settle4




1 ACH5 item OR 1 bill payment must post and settle4




REWARD CHECKING AND REWARD PLUS FROM CITY BANK

It's time you started earning interest while keeping the financial freedom of a
checking account. Learn more by calling City Bank at 1-800-OUR-BANK. 

We reserve the right to at any time require not less than 7 days notice in
writing before any withdrawal from an interest-bearing account. 1APY= Annual
Percentage Yield (APY). Reward Checking base rate is 0.01% APY. Minimum account
opening deposit of $50.00 required. Interest rate effective as of 11/03/2022.
All rates are variable and may change after account opening. Interest earned
will be based using the level of requirements met. Fees may reduce earnings on
this account. Some restrictions do apply. Balances will not be aggregated. There
is no minimum daily balance required to earn the base rate APY. 2ATM service
charge refunds are capped at $15 per statement cycle. 3MasterCard® is a
registered trademark of MasterCard International Incorporated. A credit, ATM
withdrawal, or refund to your account does not qualify as a debit card
transaction. 4To post and settle, the transaction must be deducted from your
current balance. 5ACH is a direct deposit, automatic debit, etc. To make an
electronic payment, use your City Bank account number and routing number to make
and/or receive payments. 

 

5219 City Bank Pkwy
Lubbock, TX 79407

Routing Number: 111301737



(800) 687-2265

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