Welcome to Chesapeake Bank’s Banzai Your Budget Course!
It’s time to start getting more money-savvy! Read through five quick Banzai Your Budget “classes” and use the tools to learn more about your finances. Chesapeake Bank will deposit $100 into a new savings account for you if you complete the course! Ready? Let’s Banzai!
While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, we are unable to guarantee that it remains accurate today.
Neither Banzai nor its sponsoring partners make any warranties or representations as to the accuracy, applicability, completeness, or suitability for any particular purpose of the information contained herein. Banzai and its sponsoring partners expressly disclaim any liability arising from the use or misuse of these materials and, by visiting this site, you agree to release Banzai and its sponsoring partners from any such liability. Do not rely upon the information provided in this content when making decisions regarding financial or legal matters without first consulting with a qualified, licensed professional.
*Offer limited to one new savings account per person. Offer available to savings accounts opened between 2/3/2020 and 04/12/2020 and may be discontinued at any time. Employees and their immediate family members are not eligible to claim this offer.
$100 will be deposited to the new savings account 60 days after account opening. Account needs to be open and in good standing at the time of deposit, otherwise the $100 deposit will not take place. The minimum balance to open a Totally-Free Savings is $100, a Solo-Savings minimum to open is $200, a Youth Savings minimum to open is $25, a Clear Sky Savings has no minimum to open.
The Annual Percentage Yield (APY) for each account is as follows: Totally-Free Savings and Solo-Savings is 0.10% APY for balances $100 and above, no interest paid on balances less than $100; Youth Savings is 0.05% APY for balances $25 and above, no interest paid on balances less than $25; Clear Sky Savings is 0.90% APY for balances $1 - $249,000 and 0.25% for balances $250,000 and above. These APYs are accurate as of 02/05/2020.
The $100 bonus and any interest earned will be reported on a 1099 INT form.
APYs are variable and subject to change after the account is opened. Fees may reduce earnings. Non-US residents are not eligible. This program may be modified or canceled at any time without notice to either party. Member FDIC.