PROMISE REWARDS Checking Account Disclosure
1. To be eligible for rewards you must sign up for eStatements and have direct deposits of $500 or more, of your payroll, pension or government benefits, such as Social Security. At the end of each statement cycle you will be paid a $.10 cash-back reward for every qualifying debit card purchase and direct deposit that posts and clears your account. Cash-Back Rewards limited to $30 per statement cycle. If your statement cycle falls on a weekend or a holiday, it will end on the previous business day. All rewards are reported to the IRS as interest income. Account must be maintained in good standing to earn rewards.
2. ATM Rebates: $10 in monthly rebates when using a non-Camden National Bank ATM in the United States. Accept the disclosed fee and we will refund the surcharge the next business day.
3. Offer cannot be combined with any other Camden National Bank residential loan offering. Loan products listed are available to qualified applicants who meet the Bank’s current loan underwriting guidelines. Offer not applicable to MSHA, FHA, VA, and RHS residential mortgages. The residential discount is limited to one per calendar year. Other terms may apply. The rules and regulations that cover residential loan products are not contained in disclosure. To obtain additional information related to these loan products please contact a branch representative.
4. Monthly Service Fee: Promise Rewards checking has no Monthly Service Fee when you do at least one of the following each statement period: Option #1: Keep a minimum average balance of $100 or more in your account; OR, Option #2: Keep a balance of at least $2,500 or more in any combination of qualifying deposit and certificate of deposit balances. Otherwise a $5 Monthly Service Fee will apply.