eChecking - the Online Checking Account from Avidia Bank

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.

eChecking Benefits:

  • Debit card with Avidia Rewards**

  • No ATM fees

  • 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.


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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 0.10% 0.05% - 0.10% $.01-$25,000
$10 0.05% 0.05% $25,000+
The interest rate of 0.15% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.05% APY, if qualifying requirements are met. 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. If any qualifying requirements are not met, the account will earn a nominal rate of 0.05% APY on the entire balance. Fees could reduce earnings. Deposit rates are effective 06/01/2021 and are subject to change without notice.

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Online account opening available to New England residents only.


Additional FREE Services Available with eChecking

Debit Card with Avidia Rewards+

Avidia Bank debit cards allow you to enjoy the convenience of a credit card, yet pay directly with funds from your checking account. Plus, with our Avidia Rewards+ program, you can get cash back and earn rewards points virtually every time you use Avidia debit cards. If you have both a debit card and a credit card from Avidia, your rewards points are combined and go into a single Avidia Rewards+ account, so you earn points faster while having the flexibility to use either your credit or debit card. You can use your reward points for travel, merchandise & CASH BACK.

Direct Deposit

Direct Deposit is a free, fast, simple way to deposit money into your account(s) electronically. You can use it to deposit your pay, Social Security, tax refunds, stock dividends, directly into any account. Direct Deposit saves you the time and effort of making a trip to the bank and your money is available to you the day the check is received. Direct Deposit may also qualify you for some bank services that offer lower fees, or that pay higher rates.

Important information about procedures for opening a new account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. 

What this means to you:

When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.