With this points-based savings account, you will earn rewards points each time you make a deposit, plus an attractive APY on funds already saved.
0.50% APY1 on your Savings Balance
Earn an attractive 0.50% APY (paid in points) on the first $5,000 in your account. Plus, the portion of your balance over $5,000 will earn 0.05% APY.
Interest Paid in Rewards Points
In order to give you plenty of rewards options, the interest for your Amazing Savings account will be credited in rewards points each month, rather than an automatic deposit to your account. For example, if you earn $2.50 in interest for the month, you will receive 250 rewards points ($2.50 Cash Back value).
Earn Rewards for Savings
We will reward you with 10 points each time you make a deposit into Amazing Savings.
Redeem Your Points
Each time you redeem points, you get to choose what feels most rewarding to you. On some days, it may be a $25 Starbucks gift card. Other times, you might feel like an iPad, an airline ticket to Orlando, a charitable donation, or simply Cash Back. Plus, if you want to store up points for a larger redemption item, any points you earn may be saved for up to four years from the date of issuance. Check out all of the Amazing rewards options by clicking here.
When it is time to redeem your points you can do so quickly and easily through your online banking, or by calling the My Amazing Rewards center at (888) 659-9848.