Solvay Bank , which has been in business for 92 years, unveils a rewards checking account for customers based in the Syracuse, New York area. The rates of the said rewards checking service are moderate but so are its rates. New Yorkers will check the account’s merits including the convenience of Solvay’s location offers. Interested parties need to take note of the rates to invest wisely by checking out for the latest interest rates from their website.

Meeting the monthly targets will award the following advantages to Solvay customers:

  • Annual Percentage Yields of 2.75% for deposits of 15,000$ and under.
  • Annual Percentage Yields of 0.50% for partial amounts of accounts exceeding $15,000.
  • Underachieving accounts get a rate of 0.05%.
  • Reimbursements for ATM use in various global partners amount to 25$ per period.

Customers need to meet the following targets in order to get the benefits:

  • Use of debit card 12 times in a single month for transactions.
  • A deposit into the Solvay account.
  • Estatements activation.

Supplementary benefits of owning a Solvay Rewards Checking Account:

  • Customers need only to make a $15 deposit to start their account.
  • Service charges which are normally charged by other banks every month are waived.
  • Customers need not keep a certain fixed amount active in the account.
  • Solvay has a policy of giving only three accounts per household and 1 account per IRS number.

Online application available for customers who reside in Onondaga Country of New York.

Solvay Bank services customers in the Metro area of Syracuse.

This New York financial institution rates 5 stars from BauerFinancial, 4 stars from Bankrate.com and 4 stars from DepositAccounts.com. The FDIC awarded membership to Solvay Bank in 1934 and provided it a certificate of 13297.

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