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Get paid to bank here — get up to 1.00% APY1 and refunds on your ATM withdrawal fees, nationwide.1 All for doing easy banking basics!

Key Features

  • High Interest
  • Refunds on ATM Withdrawal Fees3
  • No Monthly Maintenance Fees
  • No Minimum Balance Requirements
  • Free checking that pays high interest1
  • 1.00% APY1 on balances up to $25,000
  • 1.00% to 0.40% APY on balances over $25,000 depending on balance in account1
  • 0.05% APY1 if qualifications aren't met
  • Unlimited refunds on ATM withdrawal fees, nationwide3
  • Link to free MoneyMaking Savings to build savings automatically
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free digital banking services, including:
    • Free online banking & bill pay
    • Free mobile banking2 with mobile deposit
    • Free eStatements
  • Free Mastercard® debit card
  • $10 minimum deposit to open

It's Easy to Earn Your Rewards

It's so easy to qualify, you're probably already doing it. Enrollments must be in place and all of the following transactions and activities must post and settle to your MoneyMaking Checking account during each Monthly Qualification Cycle:

  • Have at least 12 Monson Savings Bank debit card purchases post and settle; and
  • Have at least 1 direct deposit or ACH automatic payment post and settle; and
  • Be enrolled in and agree to receive eStatements

That's it. Even if you don't meet your qualifications during the cycle, your MoneyMaking Checking account is still free. Plus, you'll still earn our base interest rate. And you can get right back to earning your full rewards the very next month.

View the MoneyMaking Checking Qualification Calendar.

1APY=Annual Percentage Yield. APYs accurate as of December 1st, 2023.

Rates may change after account is opened. Minimum to open is $10. Minimum to earn APY is $.01. Fees could reduce the earnings on the account. No monthly service fee. Available for personal accounts only. Limit one account per tax owner.  If under 18, requires a parent or legal guardian to be a co-signer on the account.

When the MoneyMaking Checking qualifications are met during a Monthly Qualification Cycle, 1) an interest rate of 1.00% will be paid on the portion of your daily balance that is less than or equal to $25,000 and the annual percentage yield (APY) for this tier is 1.00%. An interest rate of 0.25% will be paid on the portion of your daily balance that is greater than $25,000, resulting in an annual percentage yield for this tier ranging from 1.00% to 0.40%, depending on the account’s balance and 2) nationwide ATM fees posted to your checking account during the qualification cycle will be reimbursed and credited to the account on the last day of the current statement cycle.

The MoneyMaking Checking account is intended to be the accountholder's primary checking account in which payroll transactions and day-to-day spending activities including but not limited to grocery, gasoline, apparel, shopping, dining, sporting, and entertainment transactions are posted and settled.

When the MoneyMaking Checking qualifications are not met during a Monthly Qualification Cycle, the interest rate paid on the entire balance will be 0.05% with an annual percentage yield of 0.05% and ATM fees are not refunded.

The disclosed MoneyMaking Checking APY is based on compounding interest and on an assumed total account balance of $125,000.

Qualifying transactions MUST post to and settle your account during the monthly qualification cycle. They may not be in a pending state to qualify as one of the qualifications. Transactions may take one or more days from the date the transaction was made to post to and settle an account. The following transactions do not count toward earning account rewards: ATM processed transactions, transfers between accounts, debit card transactions processed by merchants and received by the bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.

The "Monthly Qualification Cycle" means a period beginning the 3rd Wednesday of the month and ends the business day prior to the 3rd Wednesday of the next month.

 2Mobile banking is free but check with your carrier about fees for accessing the internet or sending/receiving text messages from your phone. Not all phones supported.

3ATM fee refunds may be subject to 1099 tax reporting.