Checking Accounts at Scottrade
Scottrade Bank offers two types of checking accounts: no-interest checking and interest checking.
No-Interest Checking vs. Interest Checking Accounts at Scottrade
Banking Features & Services |
Scottrade Bank No-Interest Checking |
Scottrade Bank Interest Checking |
Minimum Opening Deposit |
$100 |
$100 |
Minimum Balance Requirement |
$0 |
$500 minimum to earn and accrue interest. |
Earns Interest |
No |
Yes |
No Monthly Maintenance Fees |
Yes |
Yes |
Scottrade Bank® ATM/Debit Card |
Yes |
Yes |
ATM Reimbursement Program* |
Yes |
Yes |
Online Statements |
Yes |
Yes |
Online Bill Pay with E-bills |
Yes |
Yes |
Telephone Banking |
Yes |
Yes |
Mobile Banking available through the Scottrade® Mobile App |
Yes |
Yes |
Funds Transfer Capabilities to and from External Accounts and Scottrade® Brokerage Accounts |
Yes |
Yes |
Need more information about Scottrade Bank Accounts?
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Scottrade Bank does not issue a charge for cash withdrawals made at any domestic ATM. We will refund cash withdrawal fees applied to your account by a domestic U.S. ATM at the end of each statement cycle. The rebate will appear as a lump-sum credit on the same statement that incurred the initial ATM fees. If you close your account before the end of the statement period, you will not receive a refund. Scottrade Bank makes its best effort to identify those ATM fees eligible for refund. In the event that you do not receive a refund, please contact Scottrade Bank® Support at 855.265.2265. We reserve the right to terminate or limit reimbursements if we observe a pattern of fraud or abusive overuse, and to modify or discontinue the ATM fee refund program at any time.