Merchants Rewards Checking
Designed for businesses that enjoy cash rewards by frequently using a debit card for purchases.
- $100 initial deposit required to open the account.
- $5.00 monthly service charge.
- FDIC Insured
What you get from Merchants Rewards Checking:
- Cash Back of 0.50% variable rate on all legitimate debit card Point of Sale purchases
- FREE processing on your first 200 items each month (checks processed and checks deposited.) Each additional item is $0.50.
- Automatic rebate of the Merchants Bank foreign ATM fee.
- $40 credit toward your first order of checks with Harland Clarke.
- Enjoy the secure and convenient way to check account balances, make payments, transfer money and more by enrolling in Small Business Online Banking.
- Surcharge-free ATM usage at Merchants Bank and over 55,000 Allpoint ATMs–including hundreds in Vermont.
- Online Banking with Bill Payment–bank anytime from your computer and enjoy 20 FREE bill payments per month. Additional payments are $0.50 each.
- Phone Banking with 24/7 access to check balances, transfer funds, make loan payments and more.
Support Where And When You Need It
- Talk to an experienced, friendly person right here in Vermont.
- Live Online Banking help is also available.
- Customer Call Center representatives are available 6 days a week. Click here for hours.
- Our statewide network of branches and ATMs make it easy for you to connect with your money and us.
- FREE access to FinanceWorks, a comprehensive financial management tool, with Small Business Online Banking.
- FREE Business Debit Card for POS purchases anywhere MasterCard is accepted.
- Ability to customize a suite of Cash Management services to meet your business needs–from multiple Sweep programs and Repurchase Agreements to ACH, wire transfers and tax payments.
*Annual cash rewards of $600 or more require 1099 reporting.
Our Adjustable Rate Mortgages can mean powerful savings-with more money in your pocket each month. Plus, our superior, local customer service gives you added peace of mind. Apply today.
Access over 55,000 surcharge-free ATMs around the world-with hundreds right here in Vermont. Learn more.
Sign up for one of our free classes and get the knowledge you need to make smarter financial decisions.