Keystone Rewards Checking

Click here to see the 2025 Qualification Cycle Schedule.

Qualification Information: To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Keystone Rewards Checking account during each Monthly Qualification Cycle:

(1) At least one (1) ACH Credit or ACH payment transaction

(2) At least twelve (12) debit card purchases, each greater than or equal to $3.50

For clarity, in order to count as a qualifying transaction for the purpose of earning the account's rewards, debit card purchases must be at least $3.50. Also, account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards.

The following activities do not count toward earning account rewards: ATM-processed transactions, internal transfers between accounts, debit card purchases less than $3.50, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning rewards.

When your Keystone Rewards Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $50,000 in your Keystone Rewards Checking account earn an interest rate of 5.366% resulting in an APY of 5.50%; and daily balances over $50,000 earn and interest rate of 0.50% on the portion of the daily balance over $50,000, resulting in a range from 5.50% APY to 2.17% APY depending on the account's daily balance. When your Keystone Rewards Checking qualifications are not met, the interest rate earned on the account's entire balance will be 0.05% resulting in a non-compounding APY of 0.05%.

ATM Fee Reimbursement: When your Keystone Rewards Checking account qualifications are met during a Monthly Qualification Cycle, you will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Keystone Rewards Checking account during that Monthly Qualification cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. When your Keystone Rewards Checking qualifications are not met, ATM fees are not refunded.

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"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) day prior to the last banking day prior to the last business day of the current statement cycle.

"Banking Day" means any business day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions.

"Business Day" means a calendar day other than Saturday, Sunday, or a holiday.

"APY" means Annual Percentage Yield. APY calculations are based on an assumed balance of $50,000 + $100,000 in your Keystone Rewards Checking account and an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. You will automatically qualify for the account's rewards during your account's first statement cycle. If the account is closed before the rewards are credited, you will forfeit the rewards.

Purpose and Expected Use of Account: This account is intended to be the account holder's primary checking account in which payroll transactions and day-to-day spending activities including, but not limited to grocery, gasoline, apparel, shopping, dining, sporting and entertainment transactions are posted and settled.

Commensurate with the spending activities identified above, we expect the account's debit card to be used frequently throughout each month and for transaction amounts to reflect a wide dollar range. Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification cycle are not considered normal, day-to-day spending behavior. These types of transactions appear to be conducted with the sole purpose of qualifying for the account's rewards and thus will be deemed inappropriate transactions and will not count toward earning the account's rewards.

Keystone Bank reserves the right to determine if the account is being maintained for a purpose other than day-today primary use. Account holders who persist in making debit card transactions in a calculated and limited fashion in order to meet their monthly qualifications may have their accounts converted to a different checking account or closed altogether. We also reserve the right to convert the account to a different checking account if the account does not have consistent use over three (3) consecutive Statement Cycles.

We have the right to close this account at any time, with proper notice. Our decision to close the account will not affect your existing obligations to us including any obligation to pay fees or charges incurred prior to termination. No deposits will be accepted and no checks will be paid after the account is closed. If the account is closed you will forfeit and rewards that have not been credited to your account. A Keystone Bank check for the remaining balance, if applicable, will be mailed to account holder at the address indicated on our current records. Upon termination of your Keystone Rewards Checking account, any optional add on products/services associated with this account will also be terminated at the same time.

Additional Information: Account approval, conditions, qualification, limits, time frames, enrollments, log-ons and other requirements apply. Monthly eStatements are a condition of this account. See accompanying Schedule of Fees for fees that may apply to this account. Enrollment in electronic services (e.g. online banking, eStatements) and log-ons may be required to meet some of the account's qualifications. Limit of one (1) account per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates, and enrollment instructions. Member FDIC.