Guaranteed returns with flexible terms
Business Premier Checking
Earn
as high as
2.50%
APY
APY is the Annual Percentage Yield and accurate as of 11/03/2022. Business Premier Checking is a tiered rate product. Balances of $250,000 or greater earn 2.50% APY; balances of $100,000.00 - $249,999.99 earn 2.00% APY; balances of $50,000.00 - $99,999.99 earn 1.75%; balances of $10,000.00 - $49,999.99 earn 1.25% APY; and balances less than $10,000.00 earn 1.00% APY. Offer and rate are subject to change. Some exclusions apply. Refer to the fee schedule for complete details. Fees could reduce earnings.
Looking for a business checking account that works as hard as you do? Then you’ve found it! Our Business Premier Checking account offers you a chance to earn as high as 2.50% APY APY is the Annual Percentage Yield and accurate as of 11/03/2022. Business Premier Checking is a tiered rate product. Balances of $250,000 or greater earn 2.50% APY; balances of $100,000.00 - $249,999.99 earn 2.00% APY; balances of $50,000.00 - $99,999.99 earn 1.75%; balances of $10,000.00 - $49,999.99 earn 1.25% APY; and balances less than $10,000.00 earn 1.00% APY. Offer and rate are subject to change. Some exclusions apply. Refer to the fee schedule for complete details. Fees could reduce earnings. on your balance. Unlike ordinary checking accounts, ours features a tiered structure that rewards you with higher rates as your balance grows. This means the more you save, the more you earn. So, open your account today and let your money work as hard as you do.
Features & Benefits
Cash Back
Make your money work harder and earn as high as 2.50% APY APY is the Annual Percentage Yield and accurate as of 11/03/2022. Business Premier Checking is a tiered rate product. Balances of $250,000 or greater earn 2.50% APY; balances of $100,000.00 - $249,999.99 earn 2.00% APY; balances of $50,000.00 - $99,999.99 earn 1.75%; balances of $10,000.00 - $49,999.99 earn 1.25% APY; and balances less than $10,000.00 earn 1.00% APY. Offer and rate are subject to change. Some exclusions apply. Refer to the fee schedule for complete details. Fees could reduce earnings. on your balance. With tiered rates, the more you deposit, the more you earn.
Lower Fees
Enjoy $0 monthly maintenance fees when you enroll in eStatements,An initial opening deposit of $100 is required to open a Business Premier account. By signing up for eStatements, you can avoid the $5.00 monthly paper-statement fee. You may also qualify for a paper-statement fee waiver if you have a loan balance of $2,500 or more, a deposit balance of $5,000 or more, or have at least 5 business debit/credit card purchases each month. plus there are no minimum balance requirements to worry about.
24/7 Account Access
Manage your finances anytime, anywhere, with 24/7 Digital Banking, so you’ll have full control over your business’s accounts, right at your fingertips.
Business Checking Tiered Rates
| Balance | APY1 |
|---|---|
| $250,000 or more | 2.50% APY1 |
| $100,000.00 – $249,999.99 | 2.00% APY1 |
| $50,000.00 – $99,999.99 | 1.75% APY1 |
| $10,000.00 – $49,999.99 | 1.25% APY1 |
| $9,000.00 or less | 1.00% APY1 |
More Great Benefits
Extended Warranty Insurance
When you use your debit card, you’ll enjoy double the time period and duplicate the coverage of the original manufacturer’s or U.S. store brand warranty for a maximum of one year.
$0 Monthly FeeAn initial opening deposit of $100 is required to open a Business Premier account. By signing up for eStatements, you can avoid the $5.00 monthly paper-statement fee. You may also qualify for a paper-statement fee waiver if you have a loan balance of $2,500 or more, a deposit balance of $5,000 or more, or have at least 5 business debit/credit card purchases each month.
Enjoy $0 monthly fee when enrolled in eStatements, have a deposit balance of $5,000 or more, have a loan balance of $2,500 or more, or have at least 5 debit/credit card purchases each month.
Access over 30,000 ATMs
Choose from our network of more than 30,000 ATMs across the country.
Tap to Pay (Contactless)
Pay in seconds with a tap of your card at a contactless-enabled terminal.
Digital Banking
Enjoy convenient, secure 24/7 access to your accounts right from your computer, tablet, or smartphone. Control your card 24/7, pay bills, send secure messages, make digital payments, and so much more.
Digital Wallet
Instead of carrying your card around, securely store it in your phone’s digital wallet for quick checkouts in-store or online.
ID Theft ProtectionTM
Should you become the victim of Identity Theft, Mastercard will assist you with credit bureau notification and debit card replacement and provide you with an ID Theft Affidavit.
$0 Fraud Liability
You won’t be held responsible for unauthorized charges made with your account or account information.Certain restrictions apply. See www.mastercard.us/zero-liability for details.
Frequently Asked Questions
Is there a minimum deposit to open a Business Premier Checking account?
Yes, a minimum opening deposit of $100 is required. If you’re not already a member with us, you’ll also need to open a share savings account with us to establish your membership, which is a one-time opening deposit of just $5.
What documents do I need to open a Business Premier Checking account?
To open a Business Premier Checking account, you’ll need to provide the required information and documents can vary based on your business structure (e.g., corporation, LLC, or sole proprietorship), but generally, you will at least need: IRS EIN (Employer Identification Number) letter, physical mailing address(es), email address, and phone numbers. For a full list of documents for your business, contact your nearest branch.
How do I avoid monthly fees?
There are several ways to avoid monthly fees with the Business Premier Checking account. You can enroll in eStatements to eliminate the $5 mailed paper-statement fee. You may also qualify for a paper-statement fee waiver if you have a loan balance of $2,500 or more, a deposit balance of $5,000 or more, or have at least 5 debit/credit card purchases each month.
How do I manage my Business Premier Checking account?
You can use Digital Banking to manage your Business Premier Checking account online 24/7. Easily track your transactions, transfer money, pay bills, and more—all in one convenient place. Download the Arkansas Federal app today.
What else comes with a Business Premier Checking account?
Beyond the basics of managing your day-to-day transactions, having a business checking account opens doors to a suite of treasury management services designed to streamline your operations and safeguard your assets. From robust fraud protection measures that shield your business from unauthorized transactions to automatic sweeps that optimize your cash flow, the benefits are endless. With electronic payments (ACH) and point-of-sale solutions, you’ll experience convenience and efficiency in managing your business finances.