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Open Your Account Today!
Merchants Bank opens accounts for people living or working in Vermont and in communities in neighboring states which are adjacent to our branch locations.
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CashRewards Checkingsm
CashRewards Checkingsm pays you back 1% of all the purchases you make with your debit card. The potential cash rewards are unlimited!
Features
- Personal checking account
- Earns interest
- Visa debit card
- Merchants Bank automatically waives its fee whenever you use
another bank’s ATM‡
- Merchants Bank automatically waives its fee whenever you use
- Free standard checks for the life of the account
- Free online banking
- Bill payment and presentment
- eStatements
- Free automated phone banking
- Check safekeeping
- Minimum average monthly, combined balance of $5,000 between the CashRewards and a Merchants Bank Money Market account to avoid $15.00 service charge (fees may reduce earnings)
- Overdraft coverage—activate by linking to your Money Market account††
Benefits
- 1% of all point-of-sale purchases are re-deposited into your account at the end of every statement cycle
- Both PIN and signature transactions qualify!
- No limit to the cash rewards you can receive
- No hidden fees
- No per check fees
- All points access through statewide branch system and ATMs, local Customer Call Center
(800-322-5222) and online

†$75 minimum deposit to open.
‡Host bank fees may still apply for non-Merchants Bank ATM use. Fees apply for replacement debit cards.
††Money Market account is limited to six transfers per statement period of which 3 can be checks or ATM Card purchases. Transfers include electronic, telephone, and overdraft coverage transactions. Average balances under $25 per statement period are charged a $2 service charge. Minors under 18 and seniors over 65 are exempt from this service charge.
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