Interest Rewards Saver

Savings made effortless

Cash in Interest Rewards Saver earns interest—up to 2.53% APY* on balances up to $50,000! Your money isn't just sitting there; it's busy making more money.

Details & Benefits

  • 2.53% APY (Annual Percentage Yield) on balances up to $50,000
  • 2.01% APY (Annual Percentage Yield) on balances over $50,000
  • 2.53% to 2.27% APY (Annual Percentage Yield) depending on balance in account (assuming a maximum balance of $100,000)
  • 0.05% APY (Annual Percentage Yield) if qualifications are not met in Rewards checking account*
  • No monthly service fee
  • No minimum balance to earn rewards
  • Direct deposit and account-to-account transfer features available for an easy way to access funds
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Earning Rewards Is Easy

To earn your rewards, simply complete the following activities and transactions in your Interest Rewards or Cash Back Rewards checking account each monthly qualification cycle:

  • Have at least 12 debit card purchases (each in the amount of at least $5.00) post and settle to your account
  • Be enrolled in online banking, and be enrolled in and agree to receive eStatements

And, that’s it. If you don’t qualify for the month, it’s no big deal. Your savings will still earn 0.05% APY (Annual Percentage Yield) and you can get right back to earning a higher rate the very next month!

Check out the 2024 Rewards Checking qualification calendar:

View calendar

Savings Account Rates

View All Rates
Personal Savings Accounts
Account Name

High Yield Savings

Minimum to Open

$10,0002

Minimum Daily Balance to Earn Interest

$10,000 - $999,999
Over $999,999

APY1

3.55%
3.55% - 2.37%

Account Name

Statement Savings

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$250

APY1

0.05%

Account Name

Interest Rewards Saver3,4

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$0 - $50,000
Over $50,000
All balances if qualifications not met

APY1

2.53%
2.53% - 2.27%
0.05%

Account Name

PassCard Savings

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$250

APY1

0.05%

Account Name

Holiday Club Savings

Minimum to Open

$50

Minimum Daily Balance to Earn Interest

$250

APY1

0.05%

Account Name

Kids Looney Tunes Savings Club

Minimum to Open

$1

Minimum Daily Balance to Earn Interest

$50

APY1

0.05%

Rates may change after account is opened. Rates accurate as of 7/15/2024.
Fees may reduce earnings.
1 Annual Percentage Yields (APY) are based upon daily balance.
2 Requires $10,000 in new money not currently on deposit at Brentwood Bank. Balances between $10,000 and $999,999 earn 3.55% APY and balances of $1,000,000 or greater earn 1.76% APY on the portion of the balance that exceeds $999,999, resulting in a range from 3.55% to 2.37%, depending on the account's balance. You must maintain $10,000 in the account each day to obtain the disclosed annual percentage yield.
3 To earn rewards, simply perform the following activities and transactions in your Interest Rewards Checking account each monthly qualification cycle:
  • Have at least 12 debit card purchases (each in the amount of at least $5.00) post and settle to your account.
  • Be enrolled in online banking, and be enrolled in and agree to receive eStatements.
4 Must have Interest Rewards Checking or Cash Back Rewards Checking to enroll in Interest Rewards Saver.


Additional Information

* Rewards Qualification Information

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A minimum $50 deposit is required to open Interest Rewards Checking, Cash Back Rewards Checking and Interest Rewards Saver. No minimum balance other than tiers stated below are required to earn the APY (Annual Percentage Yield). There are no recurring monthly service charges or fees to open or close this account unless the account is closed within the first ninety (90) days. Please refer to our separate fee schedule for additional information about charges.

To earn your rewards, complete the following transactions and activities in your Interest Rewards Checking account or Cash Back Rewards Checking account during each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases (each in the amount of at least $5.00) post and settle to your account
  • Be enrolled in online banking, and be enrolled in and agree to receive e-Statements

Please be aware that it may take one or more business days after your transaction date for a transaction to post to your account.  Transactions occurring during the last few days of the qualification cycle may not post to your account in time to count towards rewards.  Qualification cycle calendar is available here.

  • Interest Rewards Checking
    Balances up to $25,000 receive APY (Annual Percentage Yield) of 3.55%; and balances over $25,000 earn 1.00% APY on the portion of the balance over $25,000, resulting in a range from 3.55% to 1.64% APY depending on the account’s balance (assuming a maximum balance of $100,000). You will also receive reimbursements for nationwide ATM fees (up to $20.00) incurred during the monthly qualification cycle in which you qualified. Interest and ATM fee reimbursements will be credited to your Interest Rewards Checking account on the last day of the statement cycle. Rates and rewards are variable and are subject to change. APYs accurate as of 6/17/2024. Refer to BrentwoodBank.com/Rates for current rates. Fees may reduce the earnings on the account.
  • Cash Back Rewards Checking

2.00% cash back on PIN-based or signature-based debit card purchases up to a total of $400.00 that post and settle to the account during that monthly qualification cycle period. A maximum of $8.00 cash back may be earned per monthly qualification cycle. You will also receive reimbursements for nationwide ATM fees (up to $20.00) incurred during the monthly qualification cycle in which you qualified. Cash back payments and ATM fee reimbursements will be credited to your Cash Back Rewards Checking account on the last day of the statement cycle. Rates and rewards are variable and are subject to change. APYs accurate as of 6/17/2024. Refer to BrentwoodBank.com/Rates for current rates. Fees may reduce the earnings on the account.

  • Interest Rewards Saver

Must have Interest Rewards or Cash Back Rewards checking account to enroll in Interest Rewards Saver.  Balances up to $50,000 receive an APY (Annual Percentage Yield) of 2.53%; and balances over $50,000 earn 2.01% APY on the portion of the balance over $50,000, resulting in a range from 2.53% to 2.27% APY depending on the account's balance (assuming a maximum balance of $100,000). Rates and rewards are variable and are subject to change. APYs accurate as of 6/17/2024. Refer to BrentwoodBank.com/Rates for current rates. Fees may reduce the earnings on the account.

The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Brentwood Bank as ATM transactions and purchases made with non-Brentwood Bank issued debit or credit cards.“Monthly Qualification Cycle” means the current Statement Cycle. Qualification cycle calendar is available here.

When Interest Rewards or Cash Back Rewards qualifications are not met:

  • Interest Rewards Checking:  All balances earn 0.05% APY and ATM fees are not refunded.
  • Cash Back Rewards Checking:  No cash back rewards are earned and ATM fees are not refunded.
  • Interest Rewards Saver: All balances earn 0.05% APY.


Consumer Fee Schedule

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