This checking account earns interest, regardless of your minimum balance! In fact, Simply Rewards Checking – Cash rates are so high, they make the Space Needle seem low in comparison!

  • Checking that pays high interest
    • 2.01% APY* on balances up to $10,000
    • 2.01% to 0.50% APY on balances over $10,000 depending on balance in account*
    • 0.05% APY* if qualifications aren't met
  • Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
  • Link to free Simply Rewards – Saver to build savings automatically
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free online banking and bill pay
  • Free eStatements**
  • Free mobile banking***
  • Free EZ Deposit***
  • Free MasterCard® debit card
  • Unlimited check writing
  • $100 minimum deposit to open

It’s simple to qualify.
Qualification Cycles.

While our statement cycles begin the first day or the month and end on the last day of the month, the qualification cycles for Simply Rewards Checking are different. The dates below illustrate the first and last day of each qualification cycle.

Qual Start Qual End
04/29/2017 05/30/2017
05/31/2017 06/29/2017
06/30/2017 07/30/2017
07/31/2017 08/30/2017
08/31/2017 09/29/2017
09/30/2017 10/30/2017
10/31/2017 11/29/2017
11/30/2017 12/29/2017

We called it Simply Rewards for a reason! To earn your rewards, just do the following activities and transactions in your Simply Rewards Checking – Cash account each Monthly Qualification Cycle.

  • Have at least 1 ACH payment transaction post and settle
  • Have at least 15 debit card purchases post and settle
  • Maintain a valid email address on record with Sound Community Bank
  • Be enrolled in and agree to receive eStatements

That's all! And if you miss a qualification cycle, don't worry. There is still no cost to the checking account and there isn't a penalty for not qualifying in a given cycle. You can get right back to earning interest and enjoying ATM withdrawal fee refunds the next cycle you qualify.

Get rewarded for the way you bank.

Do you currently have an account with Sound Community Bank?

*APY=Annual Percentage Yield. APYs accurate as of 11/13/2017. Rates may change after account is opened. You may make up to six (6) pre-authorized, automatic, telephonic, or Online Banking transfers between your own non-transaction (savings and money market) accounts or to a third party’s account during a calendar month. If a transfer request exceeds the six (6) transfer limitation, we may refuse or reverse the transfer and may assess excess transaction fees and may close your account. Fees could reduce earnings.                              

Simply Rewards Cash: Minimum to open is $100. If qualifications (1) are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to the account on the last day of monthly statement cycle; (2) balances up to $10,000 will receive an APY of 2.01% APY; and (3) balances over $10,000 earn 0.50% APY on the portion of the balance over $10,000, resulting in 2.01% - 0.64% APY depending on the balance. If qualifications are not met on Simply Rewards Cash, all balances earn 0.05% APY.  ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.                

Simply Rewards Cash Plus Saver: Minimum to open is $5.00.  In order to open a Saver account, account holder(s) must have a Simply Rewards Cash account, as the Saver account is linked to the Simply Rewards Cash account.  See above for Simply Rewards Cash information.  Interest earned in Simply Rewards Cash is automatically transferred to the Saver account each statement cycle and does not compound. If qualifications (1) in Simply Rewards Cash are met each monthly qualification cycle: (1) balances up to $15,000 in the Saver account receive an APY of 1.01% APY; and (2) balances over $15,000 in the Saver account earn 0.50% APY on portion of balance over $15,000, resulting in 1.01% - 0.57% APY depending on the balance. If qualifications are not met on Simply Rewards Cash account, all balances in the Saver account earn 0.05% APY.                                                                                                                            

(1)Rewards Qualifications: To qualify, a preauthorized debit must post and settle, 15 debit card transactions must post and clear, and the account must receive a monthly electronic statement (eStatement) via a valid email address.

Transactions may take one or more banking days from the date transaction was made to post to and settle to the account. ATM-processed transactions do not count towards qualifying debit card transactions. Transfers between accounts do not count as qualifying transactions. Qualification cycles differ from your monthly statement cycle. Typically, the qualification cycle starts one day prior to the first day of the statement cycle through one day prior to the close of the statement cycle. For example, your statement cycle begins on the first of each month. In March, your statement cycle is March 1 through March 31st, but your qualification cycle is February 28 through March 30th. This allows us to calculate and credit the interest you earned on March 31st. Your account will earn the qualifying rate on the last day of the statement cycle to accommodate our    rewards processing. What this means is if you did not qualify for the higher preferred rate, you might notice a slightly higher rate than the base non-qualifying annual percentage yield earned on your monthly statement. Please visit our website at or contact us for the current Qualification Cycle Dates.

***Standard carrier messaging or data rates may apply.