FDIC-Insured – Backed by the full faith and credit of the U.S. Government
BankSouth will be observing the Christmas and New Year’s holidays with adjusted hours.
We will close at 12pm on Christmas Eve, and will be closed on Christmas Day and New Year’s Day.
FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Make your money work with our high-yield checking account.
Open a Performance Checking Account
*Conditions apply.
With a Performance Checking Account, your deposit and debit card activity earn you a competitive interest rate. Receive online statements, set up a monthly direct deposit of at least $100, and conduct at least 10 debit card transactions a month to receive advertised APY on balances up to $24,999.991
Eligibility Requirements
To receive the premium interest rate, all of the following requirements must be met in each statement (qualification) cycle:
Ready to let your money perform for you?
| Account | Minimum Opening Deposit | Fees/ Options | Earns Interest | Service Charge |
|---|---|---|---|---|
SimpleA basic checking account with minimal requirements. Learn More Open an Account | $50 | N/A | No | No |
PerformanceA performance account earning you interest based on your account activity. Learn More Open an Account | $50 | N/A | Yes | No |
CompleteOur premiere account. The account offers value, increased security and special discounts, design just for BankSouth Clients. Learn More Open an Account | $50 | $2,500 Minimum Balance OR $10,000 in Personal Deposit Relationships waives the $8 per month maintenance fee | Yes With a $2,500 balance or more, interest is paid on the full deposit balance | $8 per month maintenance fee |
Save a trip to the bank. We understand your banking needs aren’t always done between the hours of 9 and 5. That’s why we offer you convenient access to services like BankSouth EasyOpen. Our online account opening tool gives you the same ease and security in opening an account that you would receive in our branches.
Additional Information and Limitations:
Rates are accurate as of December 23, 2024.
*The Performance Checking Account is a tiered rate account with the stated interest rate for each tier paid on the portion of the account balance within each tier. Balances up to and including $24,999.99 will earn an interest rate of 2.70% and 2.73% APY (Annual Percentage Yield) if qualifying conditions have been met for that monthly statement cycle. The annual percentage yield for balances $25,000 and over ranges from 2.73% APY to 2.28% APY (based on assumed range of balances from $25,000.00 to $30,000.00). Should you fail to meet the monthly qualifying conditions for the Performance rate, all balances in the account for that month will earn 0.05% APY.
1 Offer valid with a minimum opening deposit of $50.
2 E-statements available at no charge.
3 Qualifying transactions must post and clear the account during the monthly qualification cycle (statement cycle). Transactions may take one or more business days to post to the account. At the time of your statement cycle, we will determine whether you met the qualification requirements for the month and apply the corresponding interest rates to the daily balances in your account.
Fees may reduce earnings. Rates may change after account opening at bank’s discretion.