High-Yield Interest Checking Account at SBIC Bank

Maximize your savings while enjoying the convenience of everyday banking. Our High-Yield Checking Account offers competitive interest rates, secure transactions, and easy access to your funds. Your money works harder without changing how you bank.

OUR RATES

Get the Best Rates on Your Everyday Banking

SBIC Bank’s high-yield checking account gives you more interest on your daily balance without locking up your funds. Earn competitive interest on your daily balance with full checking account access, no monthly fee with a qualifying direct deposit, and no restrictions on check writing.

OPEN AN ACCOUNT

Why SBIC Bank’s High Yield Account Stands Out

When looking for exceptional high-interest checking accounts, SBIC Bank delivers exceptional value.

  • Competitive Interest Rate: Earn interest on your daily checking balance.
  • No Monthly Maintenance Fee: Waived with a qualifying direct deposit of $500 or more per statement cycle and SBIC Bank Mobile App enrollment.*
  • Free Online and Mobile Banking: Manage your account, pay bills, and track spending 24/7 from any device at no charge. 
  • Easy Access to Funds Without Penalties: Access your money anytime, no withdrawal penalties, no restrictions on how you use your balance.
  • No International Transfer Fees:  No transfer fees on online remittances via SendMoneyEZ®, up to daily limits.
  • International Visa Debit Card: Use your VISA debit card anywhere in the world with no per-purchase international transaction fees.
  • No Restrictions on Monthly Check Writing: No monthly cap; write checks as often as you need. 

Unlike other accounts, our high-interest-rate checking account gives you flexibility with top-tier returns.

FEATURES OF HIGH-YIELD CHECKING ACCOUNT

SBIC Bank’s High-Yield Checking Account Benefits

Earn Interest Without Locking Up Your Money

Unlike a CD or savings account, your funds stay fully accessible: no fixed term, no withdrawal penalties, no minimum balance to earn interest. You earn on every dollar in your account, every day.

No Monthly Fee with Qualifying Deposit

Set up a qualifying direct deposit of $500 or more and enroll in the SBIC Bank Mobile App, and your $15 monthly fee disappears. For most customers with regular income, this is straightforward to maintain.*

No International Transaction Fees

Travel without per-purchase foreign transaction fees. Your VISA debit card works worldwide at no extra charge. Enjoy our SendMoneyEZ® service to transfer money internationally with ease.

In-Person and Virtual Support

SBIC Bank offers support at branch locations with multilingual staff, plus our Virtual Branch for live chat, audio, and video assistance anytime.

Who Should Consider This Account?

The High-Yield Interest Checking Account is a strong fit if you:

  • Want to earn interest on your checking balance without moving money to a separate savings account
  • Have a regular direct deposit of $500 or more per month
  • Travel internationally or send money abroad regularly with SendMoneyEZ®

How to Open a High-Yield Interest Checking Account

  1. Apply Online or Visit a Branch: Start your application online or visit a branch location.
  2. Provide Your Documents: A government-issued photo ID and Social Security Number.
  3. Make Your Opening Deposit: Fund your account with a minimum of $100.
  4. Set Up Direct Deposit: Enroll in a qualifying direct deposit of $500 or more and download the SBIC Bank Mobile App to waive the monthly fee.*
  5. Start Earning: Your account earns interest from day one.

Open a High-Yield Account

OTHER PRODUCTS

Explore Other SBIC Bank Checking Accounts

Personal Checking Accounts

Compare all SBIC Bank personal checking accounts and find the right fit.

Learn More

Active Account

Full-service checking with unlimited transactions, a debit card, and SendMoneyEZ® remittance built in.

Learn More

Easy Checking Account

A straightforward checking account with a low minimum balance and no monthly fee, with $250 daily balance.

Learn More

Contact SBIC Bank and Open an Account Today!

Have questions about the High-Yield Interest Checking Account or ready to get started? Our team is available by phone, online, or at any branch location.

Contact Us

Click here to get in touch! We are happy to help with any questions.

Virtual Branch

Click here to connect with a representative via live chat, audio, or video through our Virtual Branch.

Visit a Branch

Click here to find a branch location and open your account in person.

FAQs

About High-Yield Checking Account

Yes! Use your debit card, pay bills, and make purchases while still earning a great rate.

Interest rates vary but SBIC Bank High Yield Checking Accounts remain among the checking accounts with one of the highest interest rates in the market.

No catch—just  he required minimum balance or make at least 1 direct deposit of $500.00 or more from pension, credit of your salary, Social Security or other regular monthly income per statement cycle.

We offer one of the best interest rates on checking accounts, no hidden fees, easy access to your money, international VISA debit card, bill pay, and much more.