Use this comparison chart to select the savings option that is best for you.
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Best if you want... |
A simple account with a low initial deposit |
A starter account for kids under 18 that rewards them for saving |
Tiered interest rates that reward higher balances |
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Account Access |
Teller and ATM withdrawals |
Teller and ATM withdrawals |
Teller, ATM, check card or check withdrawals |
| Transaction limits |
Six free withdrawals and/or transfers per quarter.* |
Six free withdrawals and/or transfers per quarter.* |
Six free pre-authorized withdrawals and/or transfers per month.** |
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Minimum opening deposit |
$50 |
$1 |
$1,000 |
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Minimum daily balance to avoid fees |
$100 |
None |
$2,500 |
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Monthly fee if minimum is not met |
$5
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None |
$10 |
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Deposits |
Unlimited free deposits |
Unlimited free deposits |
Unlimited free deposits |
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Special Features |
A low opening deposit makes it easy to get started. |
PlainsCapital will make a $5 deposit on your child's birthday - every year - until they turn 18. |
Checks and a check card. |
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FDIC Insurance |
Insured by the FDIC up the maximum amount allowable by law |
Insured by the FDIC up the maximum amount allowable by law |
Insured by the FDIC up the maximum amount allowable by law |
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Free Bill Pay |
Yes |
Yes |
Yes |
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Free Internet Banking |
Yes |
Yes |
Yes |
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Free Mobile Banking |
Yes |
Yes |
Yes |
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Free Visa debit card |
Yes |
Available for parent of guardian over age 18 |
Yes |
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Free Voice Banking |
Yes |
Yes |
Yes |
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Free check images with statements |
N/A |
N/A |
Yes |
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Free checks |
N/A |
N/A |
First box of standard bank checks |
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Free direct deposit |
Yes |
Yes |
Yes |
*Six withdrawals and/or transfers are allowed per quarter. Thereafter, a charge of $3 per transaction will apply.
**Under federal regulations, six pre-authorized withdrawals and/or transfers are allowed per month, no more than three of which may be by check, point-of-sale or ACH. Thereafter, a charge of $10 per transaction will apply.