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Switch banks, change your experience, bank locally. Open a Cape Ann Savings Bank Classic Checking account and earn a $100.00 Greater Cape Ann Chamber of Commerce Gift Check to spend at local businesses when you complete the following within 90 days while keeping your account in good standing:
- Receive 2 Direct Deposits (Venmo and Bank-to-Bank transfers not eligible), OR
- Make 15 Debit Card Transactions totaling $300.00 or more, OR
- Complete 5 Bill Payments through Cape Ann Savings Bank Online Banking
Offer Details
- Available to new checking account customers only.
- Limited-time offer for accounts opened by June 30, 2025
- Mention "Time For A Change" when opening your account in person.
the classic checking account is:
- Free! There is no minimum balance required and no monthly service fees
- Interest Bearing. Earn 0.25% APY**** on balances of $10.00 or greater
- Convenient. Free Online & Mobile Banking, including Mobile Deposit
- Green! Reduce paper clutter and help the environment by enrolling in eStatements
Open your new account! It only takes a few minutes online
Qualifying Classic Checking Accounts will have at least two direct deposits within the first 90 days (Venmo and bank to bank transfers do not apply) or will have 15 Debit Card purchases
posted to the account totaling $300.00 or more in the first 90 days or will have 5 Bill Payments processed though Cape Ann Savings Bank Online Banking Bill Payment.
Promotion is valid for Classic Checking Accounts only for first time Cape Ann Savings Bank Checking Account customers when “Time for a Change” is mentioned between 1/1/2025 and
6/30/2025. Promotion is not valid on business accounts. Promotion will be available to be picked up or mailed on the first business day after the 90th day from account opening if your
account qualifies and is in good standing. The Promotion is one $100.00 gift check even if all three qualifications have been met. There is a $10.00 minimum deposit required to open the
account and you must maintain a $10.00 minimum daily balance to earn the disclosed APY. There is no minimum balance requirement to earn the promotional gift check. The customer is
deemed as a new personal checking account customer if they do not have any of the following products: Classic Checking, Kasasa Cash, Kasasa Cash Back, Kasasa Cash Back with Saver,
Kasasa Cash with Saver, Kasasa Saver with Cash, Kasasa Saver with Cash Back, or NOW Account.
An account in good standing has not been overdrawn in the first 90 days and has a positive balance on the 90th day.
The Classic Checking Account is a free interest-bearing account. The interest rate effective as of 1/1/2025 is 0.25% with an annual percentage yield of 0.25%. There is a $10.00 minimum
deposit required to open the account, and you must maintain a minimum $10.00 daily balance to obtain the disclosed APY. At our discretion we may change the interest rate on your account
at any time. Fees may reduce the earnings on this account. Promotion recipients will receive a 1099-int.