Are your 'Amazing Account' points Taxable? Click Here for more information.
When we dreamed up The Amazing Account, it was clear we had struck gold with our new checking idea. And it only seemed natural to offer a points-based savings account to go along with it...the Amazing Savings account!
Earn rewards points each time you make a deposit into Amazing Savings, plus an attractive APY on funds already saved.
1.00% APY1 on your Savings Balance
Earn an attractive 1.00% APY (paid in points) on the first $5,000 in your account. Plus, the portion of your balance over $5,000 will earn 0.10% APY.
Interest Paid in Rewards Points
We think you should choose what feels most rewarding to you. So, 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). With points, you then get to choose how you want to be rewarded!
Earn Rewards for Savings
Since a good savings habit is such an important life skill, we will reward you with 10 points each time you make a deposit into Amazing Savings. Plus, to make it easy, you can even set up an automatic weekly transfer from your checking account, and earn 10 points for each transfer.
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.
Enable Your Lifestyle
Mobile App - Access our mobile banking app while on the go
Mobile Deposit - Deposit checks by taking a picture with your smart phone2
Text Banking - Check your account balance by sending a text message3
Free Online Banking
No monthly service fee or minimum balance requirement
Paper Statement: While an eStatement is standard to Amazing Savings, for just $2 per month you may receive a paper statement for your account.
Rate accurate as of 1/1/2017. 1 - APY is Annual Percentage Yield. 2 - A convenience fee of .50 applies to each check deposited. 3 - Data and message charges from your carrier may apply. Interest is paid in points, redeemable for cash, gift cards, merchandise or travel. Each point has a Cash Back redemption value of $0.01. Points will expire four years after the date of issuance, and are redeemable on a first-in, first- out basis. Amazing Savings is available to consumers only and is limited to two accounts per person. A consumer account is one that is used primarily for personal, family or household purposes; all other accounts are business accounts. eStatements required. Paper statements are available for $2 per statement cycle. Minimum Opening deposit is $20. Rate is variable and may change after the account is opened. Fees may reduce earnings on account.