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Extraco has a checking account for everyone. Choose an account that fits the way you live, and we'll get you started on the road to better money management.
Your money knows what it wants. It wants safety, security and the chance to grow. That's why there's Bonus Banking from Extraco. Depending on how you bank, you can earn any or all of the following rewards each month:
0.5% Cash Back on Debit Card Purchases
Earn 0.5% Cash Back on all CREDIT or signature based debit card transactions on this account up to $250.00 per statement cycle.
Simply select CREDIT and sign for your purchase instead of entering your PIN. There is no annual fee for this program. The Cash Back is credited at the end of the statement cycle.
Premium Interest
Earn Premium Interest when you participate in these banking options each statement cycle:
- E-statements
- Use account debit card at least 60 times
- Maintain direct deposit
- Pay at least five bills with Extraco Bill Pay
Free ATMs and Basic Interest
Earn up to $20 per month in ATM fee refunds and Basic Interest when you participate in these banking options each statement cycle:
- E-statements
- Use account debit card at least 10 times
- Maintain direct deposit
Full or Partial Waiver of Monthly Service Charge
Waive from $0.00 to $7.95 of the monthly service charge. The monthly service charge is reduced by $1.99 for each banking option you participate in each statement cycle:
- Maintain a positive balance
- E-statements
- Extraco Bill Pay
- Use account debit card at least 30 times
- Maintain a $1500 average collected daily balance
- Maintain direct deposit
Already have an Extraco checking account? Convert that account to Bonus Banking today!
CONVERT NOW
Don't have an Extraco checking account? Apply for Bonus Banking today!
APPLY NOW
No matter which personal checking you choose, you'll get a unique product with the ease and convenience of 24/7 money management.
| Account Features | Bonus Banking | Interest Checking |
|---|---|---|
| Earns Interest1 | Yes | Yes |
| Earns Premium Interest2 | Yes | No |
| Minimum to Open | $1 in person / $100 online | $1 in person / $100 online |
| Minimum to Maintain | $0 | $2,5003 |
| Number of Transactions | Unlimited | Unlimited |
| Monthly Service Charge | $7.954 | $7.95 (if below minimum balance) |
| Electronic Statements | Available | Available |
| Free ATM/Debit Card | Available | Available |
| Free E-Bank | Available | Available |
| Free Bill Pay | Available | Available |
| Senior Benefits5 | Yes | Yes |
| ID Protection Program | Available6 | Available6 |
| Other Benefits | Cash Back on Debit Card Transactions7 ATM fees reimbursed8 |
Paper statement |
| APPLY NOW | APPLY NOW | |
- See rate tab for current rates on interest earned.
- To qualify for Premium Interest per statement cycle requires: E-statements, completing at least 60 debit card purchases on this account, maintaining direct deposit, and paying at least five bills with Extraco Bill Pay. To qualify for Basic Interest per statement cycle requires: E-statements, completing at least 10 debit card purchases on this account, and maintaining direct deposit.
- No minimum balance required to maintain the account. However, if daily balance falls below $2500 during statement cycle, a $7.95 fee will be charged.
- Waive from $0.00 to $7.95 of the monthly service charge. The monthly service charge is reduced by $1.99 for each banking option you participate in each month: Maintain a positive balance, E-statements, Extraco Bill Pay, use account debit card at least 30 times, Maintain a $1500 average collected daily balance, or maintain direct deposit.
- Seniors benefits include free basic checks and up to five free cashier's checks and money orders per month.
- For more information on Extraco's ID Protection Program, click here.
- 0.5% cash back on all CREDIT or signature based debit card transactions on this account up to $250.00 per statement cycle and is credited at the end of the statement cycle. There is no annual fee for this program.
- Up to $20 per month in ATM fee refunds when you participate in these banking options each month: E-statements, use account debit card at least 10 times, and maintain direct deposit.
| Bonus Banking1 | |||
|---|---|---|---|
| Balance | Interest Rate2 | APY1 Annual Percentage Yield |
APPLY NOW |
| $0 - $24,999 Basic | 1.01% | 1.01% | |
| $0 - $24,999 Premium | 1.99% | 2.01% | |
| $25,000 and above Basic | 0.05% | 0.05% - 1.01% | |
| $25,000 and above Premium | 0.05% | 0.05% - 2.01% | |
| Unqualified accounts | 0.05% | 0.05% | |
| Interest Checking | |||
| Balance | Interest Rate2 | APY Annual Percentage Yield |
APPLY NOW |
| Any balance | 0.05% | 0.05% | |
Rates effective 02/04/2012
- To qualify for Premium Interest per statement cycle requires: E-statements, completing at least 60 debit card purchases on this account, maintaining direct deposit, and paying at least five bills with Extraco Bill Pay. To qualify for Basic Interest per statement cycle requires: E-statements, completing at least 10 debit card purchases on this account, and maintaining direct deposit.
- Interest rate and APY may change in value at bank's discretion. Fees may reduce earnings.
Opening an account is easy with Extraco. You can open an account online, by phone, or in person at one of our financial centers. You must be at least 18 years of age, a U.S. citizen or U.S. resident alien, and a resident in the state of Texas to open your account online. You'll also need four items to complete the account opening process:
- Social Security number
- A valid form of identification, such as a Driver's license, State ID, Military ID or Passport
- Previous home address, if you have lived at your current home address less than two years
- Credit card, debit card, U.S. checking or savings account number and bank routing number to fund account(s) if opening online
Welcome to Extraco. It's what a bank should be.
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Is there a limit to the amount of rewards I can earn?
Customers can earn up to $250.00 in cash back rewards per statement cycle on Bonus Banking.
Is there an annual fee for Bonus Banking?No. There is no annual fee for Bonus Banking or the cash back reward program.
Is there a monthly service charge for Bonus Banking?A monthly service charge of $0.00 to $7.95 will be charged on your account depending on how you bank. The monthly service charge is reduced by $1.99 for each banking option you participate in per statement cycle:
- Maintain a positive balance
- Use E-statements
- Use Extraco Bill Pay
- Use account debit card(s) at least 30 times
- Maintain a $1500 average collected daily balance
- Have at least one direct deposit
Rewards are accrued throughout the month and deposited into your account at the end of the statement cycle. It is possible for you to earn any or all of the account rewards: full or partial waiver of the monthly service charge, 0.5% cash back on CREDIT or signature based debit card purchases, up to $20 in ATM fees refunded, and basic or premium interest on the account.
How do I earn rewards on my Bonus Banking account?Depending on how you bank, it is possible to earn any or all of the following account rewards:
- Full or partial waiver of the monthly service charge
- 0.5% cash back on CREDIT or signature based debit card purchases
- Up to $20 in ATM fees refunded
- Basic or premium interest on the account
- Open an account online.
- Call Customer Care at 1.866.EXTRACO
- Visit a local Extraco Banks.
No. There is no minimum balance required to maintain your Bonus Banking account.
What is Direct Deposit?Direct Deposit is a free service that automatically deposits recurring income into your Extraco Banks checking account. This could be income you receive from your employer, Social Security, Pension, Retirement, Armed Forces, VA Benefits, Annuity, and/or Dividend Payments.
