VIP Direct Interest Checking
Earn competitive interest on your checking account balance when you sign up for direct deposit or any automatic payments.
Earn interest the easy way. Simply sign up for direct deposit or for any automatic payments with VIP Interest Checking and earn interest on your balance.
Features & Benefits:
- Competitive interest
- Free first order of pre-selected checks1
- Free debit card
- Free Foreign ATM transactions2
- Free Online Banking and Bill Payment
- Free Mobile Banking
- Free return of check images
- Free easy-to-balance monthly statement
- Free Thank You gift3
- Buy back of your old checks and debit card from another financial institution4
- Annual Percentage Yield
- No minimum balance
- No monthly service charge
1Pre-selected check style.
2Marblehead Bank will not charge a fee for using another institution’s ATM for up to five transactions per month. Other institutions may impose a surcharge fee for using their ATMs. Marblehead Bank will refund up to three surcharges per month, with receipts, from other banks. Premier Interest Checking has unlimited FREE foreign ATM transactions.
3Free gift provided at time of in-person account opening. Online account opening free gift available for pickup at any of our three convenient offices. We reserve the right to substitute a gift of similar value. The value of the free gift may be reported on Form 1099-INT.
4Up to $10 for debit cards and unused checks from another financial institution given at the time the checks/debit cards are presented.
Product Rates Headline
APY is accurate as of 12.19.2025
All rates and terms subject to change without notice.
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APY*0.05%
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Interest Rate0.05%
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Minimum Deposit to Open Account$10.00
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Minimum Balance to Obtain APY$0.01
APY= Annual Percentage Yield
MONTHLY COMPOUNDING
Interest is paid monthly and is available on the first business day of each month. Certain assumptions apply. Please ask for details.
Fees could reduce the earnings of the account.
* Variable rate accounts – rates may change after the account is opened.
OPEN YOUR VIP DIRECT INTEREST CHECKING ACCOUNT ONLINE.
It’s easy to sign up for an interest-bearing checking account that comes with other great money management features.
WANT TO LEARN MORE?
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