What is eChecking?
eChecking is an online checking account from Avidia Bank that offers you a high interest rate, mobile banking, a debit card and allows you to avoid ATM surcharges while you earn rewards points for your purchases.
Debit card with Avidia Rewards**
Foreign ATM transaction fees reimbursed+
Other bank ATM surcharge fees reimbursed to you (up to $10 per statement cycle)+
No maintenance fees
Interest paid on your collected balance (see eChecking rates below)
Access to our Avidia Rewards+ program
*Annual Percentage Yield
**You can use your Avidia debit card fee free at any Avidia Bank ATM.
+If below requirements are met.
The following requirements must be met to receive the full benefits of eChecking+:
You must open your account online.
You must sign up for electronic monthly statements (eStatements)
Enroll in free Internet banking and sign in at least once a month
Use your debit card to make a purchase at least ten times per statement cycle
Have at least one recurring ACH transaction per month (such as direct deposit, automatic payment of a bill, etc.)
- Maintain a monthly collected balance greater than $0
|eChecking||Minimum Opening Balance||Interest Rate||Annual Percentage Yield (APY)||Minimum Balance* to obtain APY|
|$10||1.35%||0.25 - 1.36%||$.01-$25,000|
|$10||0.25%||0.25%||Greater than $25,000|
|The interest rate of 1.36% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.25% APY. Your interest rate and APY may change at our discretion. Qualifying requirements must be met during each monthly statement cycle to earn the APY including: 10 Debit Card purchases, e-Statements, Direct Deposit or one ACH transaction per statement cycle. All foreign ATM Fees and ATM Surcharges up to $25 per statement cycle will be refunded when qualifying requirements are met. If any qualifying requirements are not met, the account will earn a nominal rate of 0.05% APY on the entire balance and the ATM fees will not be refunded.|
Online account opening available to New England residents only.
Additional FREE Services Available with eChecking