Simply complete the qualifiers below each month and quickly become our most cost-efficient customer. This makes it easy for us to pass the savings right back to you in the form of the reward you’ve selected.
Have a minimum of 12 debit card transactions post and settle each month
Have at least 1 direct deposit or automatic payment post and settle each month
Receive eStatements
BIG DEAL® Rewards FAQs
Q: What happens if I don’t complete the qualifiers? A: You will not receive your account rewards for that month, but your account is still free!
Q: What does “post & settle” mean? A: When you make purchases using your debit card, the merchant places a hold on your account for the amount owed. It may take several days for the transaction to leave “pending” status and post and settle to your account.
Q: Do automated transfers between Frontier Bank accounts or loans qualify as an ACH or direct deposit? A: No, unfortunately transfers between Frontier Bank accounts or loans do not qualify as an ACH or Direct Deposit. These need to be initiated through a third party such as your employer, social security or utility company.
Q: Do ATM withdrawals count towards my 12 debit card transactions? A: No, only point-of-sale (POS) purchases count towards your 12 debit card transactions.
Earn a competitive interest rate on your checking account balance with Frontier Bank’s Direct Interest checking account. Earn interest with the convenience of direct deposit or any automatic payment.
Benefits of this account include:
No minimum balance
No monthly service fee
Free online banking
Free bill pay
Free mobile banking
Free mobile deposit
Free initial ATM/Debit Card
Free statements with check images- paper or electronic
Earn a competitive interest rate based on the balance in your account
Hassle-free, headache-free, just- free! Avoid minimum balances and jumping through hoops to waive monthly service fees with Frontier Bank’s free checking account. It’s just free- and that simple!
*Big Deal® Cash: When qualifications1 are met each monthly qualification cycle: (1) Balances up to $25,000 receive 4.05% APY; (2) Balances over $25,000 earn 0.15% APY on the portion of the balance over $25,000. (Example: For an $100,000 account balance, the APY would be 1.13%). If qualifications are not met, all balances earn 0.05% APY. When qualifications1 are met each monthly qualification cycle, Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 (up to $4.99 per single transaction). ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Rewards and ATM Fees will be credited to the account on the last calendar day of the statement cycle. Qualifying transactions must post to and settle to the account during the monthly qualification cycle. “Monthly Qualification Cycle” means a period beginning on the first calendar day of the month to the last calendar of the same month. Limit one account per social security number.
All Accounts: APY= Annual Percentage Yield. Rate effective as of 3/10/2025 and subject to change. Account approval requirements apply. Contact a Frontier Bank Representative for additional information.
1Qualification Requirements: (1) Have a minimum of 12 debit card transactions post and settle during the monthly qualification cycle; (2) Have at least 1 direct deposit or automatic payment post and settle during the monthly qualification cycle; (3) Receive eStatements through our online banking platform.
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