SAN DIEGO, CA--(Marketwired - May 5, 2014) - Bank of Internet USA Rewards Checking Account has been named one of the "Top 5 Online Checking Account Products" by three financial news and resource forums. Bank of Internet USA is a division of BofI Federal Bank, subsidiary of BofI Holding, Inc (NASDAQ: BOFI).
In recent months, Bank of Internet USA Rewards Checking Account product was awarded an overall best rating by wallethub.com and was named to the top 5 banks for online checking products by GoBankingRates.com and MyBankTracker.com. (Open links to access source.)
As online banking gains in popularity among consumers, Bank of Internet USA continues to provide high quality products to customers without the added fees and penalties that other banks charge. Bank of Internet USA Rewards Checking product features include:
- no minimum balance requirement
- no monthly maintenance fees
- unlimited domestic ATM reimbursements
Rewards Checking also offers customers an opportunity to earn up to 1.25% Annual Percentage Yield (APY) on their checking account balance. This earning potential is another perk that boosts Rewards Checking to one of the highest ranked checking account products for 2014. "Customers love Rewards Checking because it saves them money every month. It's convenient, hassle-free banking. They can access their accounts online and make deposits with our mobile app 24/7. Nothing compares to Rewards Checking at Bank of Internet USA. You shouldn't have to pay to use your own money," said Kyle Kolsky, Senior Vice President, Head of Consumer Deposits at BofI Federal Bank.
For additional information on Rewards Checking, please visit http://www.bankofinternet.com/rewards-checking
About BofI Holding
BofI Holding, Inc. (NASDAQ: BOFI) is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With approximately $3.6 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.'s common stock is listed on the NASDAQ Global Select Market under the ticker symbol BOFI and is a component of the Russell 3000 Index and the S&P SmallCap 600® Index. For more information on BofI Federal Bank, please visit www.bofifederalbank.com.
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