Avidia Bank offers the eChecking account to customers nationwide

By Elaine Griffin

The eChecking account from Avidia Bank is a rewards checking account that offers a 2.27 percent annual percentage yield (APY). This rate is in effect as of October 15, 2010, and on balances up to $25,000. This is a free account with no monthly balance requirements. It also includes ATM refunds and access to a rewards program.

There are four monthly qualifications required to earn this rate. Every month customers must: receive electronic statements, sign into internet banking, make at least ten debit card transactions, and receive a direct deposit or use online bill pay.

Avidia Bank was established in 1869 and has been a member of the FDIC since November 1985. They are headquartered in Massachusetts. The eChecking account, a rewards checking account, is available online nationwide.

Type of account: Checking Account

Bank requirements:

  • Account must be opened online
  • Customers must meet monthly requirements in order to earn rate
  • Rate is effective on balances up to $25,000
  • For full details, contact Avidia Bank

Account benefits:

  • Generous annual percentage yield of 2.27 percent
  • This is a free account with no minimum balance requirement
  • ATM refunds
  • Access to a rewards program

Disclaimer: Discover is a paid advertiser of this site.
Reasonable efforts are made to maintain accurate information. See the Discover online credit card application for full terms and conditions on offers and rewards.

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