Malvern Federal Savings Bank is paying up to 3.00% APY on its reward checking account on balances as high as $35,000.

The Malvern checking account is available for residents of New York, Pennsylvania, New Jersey, Delaware, Maryland, Ohio and West Virginia.

Malvern will also pay you $10 when you turn in your old debit card or checks from your old checking account.

Here’s what you get with the Malvern Checking Account:

3.00% APY paid on the portion of the balance below $35,000
0.51% APY paid on the portion of the balance above $35,000
Reimburses up to $25.00 in ATM fees nationwide per month

Monthly Qualifications for Rewards Checking Accounts

Minimum of 10 debit card purchases (ATM usage does not count toward the 10 purchases)
1 Automatic Payment or Direct Deposit transfer
Sign in to your online banking account at least once
$200 to open the checking account

Other Checking Account Features:

Free Checking
No Minimum Balance on checking account
Free Debit Card
Free Online Banking

About Malvern Federal Savings Bank - Malvern Federal Savings Bank has been serving clients in Southeastern Pennsylvania since 1887 and is FDIC insured.