A couple looking at a laptop reviewing which Blackhawk Bank & Trust checking account is the correct fit for them.

INTEREST CHECKING

Looking for a checking account that does more? Blackhawk Bank & Trust's Interest Checking Account helps you earn competitive interest while enjoying the convenience of everyday banking.

About interest checking

Minimum deposit to open the account is $50
No minimum balance required to earn interest or maintain account
Unlimited check writing

Check images returned with statement at no charge
This is a tiered rate account if one of the qualifications detailed below are met for each monthly statement cycle

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DEBIT CARDS

CREDIT CARDS

Interest Checking - Qualification A

Tier	Branch	Min. Opening Deposit	Min Balance	Interest Rate	APY
Qualification A: daily balance of $0.01 to $15,000	Blackhawk Bank & Trust	$50.00	None	4.170%	4.250%
Daily balance of more than $15,000	Blackhawk Bank & Trust	$50.00	$15,000.00	0.050%	0.050%

Please see the account terms and conditions for full details. A withdrawal, interest rate change, or imposition of fees will reduce earnings. The Annual Percentage Yield and interest rate disclosed are based on the bank's disclosed compounding frequency for the appropriate term. Daily balance is the amount of principal in the account each day. Rates are determined at the banks discretion and are subject to change at any time.

Selected Rates current as of 8/1/2026, for approved customers.

Interest Checking - Qualification B

Tier	Branch	Min. Opening Deposit	Min Balance	Interest Rate	APY
Daily balance of $0.01 to $15,000	Blackhawk Bank & Trust	$50.00	None	4.410%	4.500%
Daily balance of more than $15,000	Blackhawk Bank & Trust	$50.00	$15,000.00	0.050%	0.050%

Selected Rates current as of 8/1/2026, for approved customers.

Interest Checking - Qualifications Not Met

Term	Branch	Min. Opening Deposit	Min Balance	Rate	APY
If qualifications are not met	Blackhawk Bank & Trust	$50.00	None	0.050%	0.050%

Selected Rates current as of 8/1/2026, for approved customers.

QUALIFICATION A

To meet qualification A in the Interest Checking Account you must have:

At least fifteen (15) posted and settled debit card purchases in the current monthly statement cycle or at least $1,000 in posted and settled transactions on a Blackhawk Bank & Trust Visa credit card in the previous calendar month; and
At least one (1) direct deposit or electronic payment (ACH) post and settle during the monthly statement cycle.

QUALIFICATION B

To meet qualification B in the Interest Checking Account you must have:

At least fifteen (15) posted and settled debit card purchases in the current monthly statement cycle;
At least $1,000 in posted and settled transactions on a Blackhawk Bank & Trust credit card in the previous calendar month; and
At least one (1) direct deposit or electronic payment (ACH) post and settle during the monthly statement cycle.

BONUS CASH REWARDS

The following bonus cash rewards are earned with additional personal account and loan relationships in the Interest Checking Account.

An additional $20 cash reward bonus will be credited within 60 calendar days of the date the customer opens a new personal loan account. Cash Rewards not eligible for credit cards.
An additional one-time $20 cash reward bonus will be credited in the same month that the customer opens a new personal Money Market account during the current monthly statement cycle. There is a $2,500 minimum deposit requirement to open a Money Market account. One-time cash bonus is not eligible for new Relationship Money Market Accounts.

Account Fees (and how to avoid them)

The Interest Checking Account contains a monthly service charge of $10 if one of the following two (2) conditions are not met: 1- maintain a minimum daily balance of $1,000.00; or 2- have at least fifteen (15) posted and settled debit card purchases in the current statement cycle.
This account contains a monthly paper statement fee of $5 for those not enrolled in eStatements. Paper statement fee can also be waived by maintaining a “personal relationship balance” of $50,000 or greater with Blackhawk Bank & Trust.
A per transaction fee of $1.50 will be assessed for foreign ATM transactions; this account type qualifies for three (3) refunded transaction fees per monthly statement cycle.
A monthly inactivity fee of $5 will be assessed after six (6) consecutive months of no transaction activity within the account.
A monthly dormant account fee of $10 will be assessed after twelve (12) months of no transaction activity within the account.
Fees may reduce earnings.

Definitions

“Debit card purchases” do not include ATM processed transactions.
“Credit card transactions” do not include ATM processed transactions or cash advances.
“Electronic payment (ACH)” does not include debit card purchases or transactions processed by merchants as “electronic checks”.
“Personal relationship balance” is comprised of any personal account with Blackhawk Bank & Trust that the primary Interest checking account holder is an owner or borrower (excludes Health Savings Account(s)).
“Personal relationship balance” is calculated one day prior to the end of the monthly statement cycle and includes any combination of average daily balance of personal checking, savings, or money market accounts and current balance of any certificate of deposit, individual retirement account or loan account.

How Interest Accrues

If qualifications are not met, all balances are still eligible to earn interest.
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
The daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. The daily periodic rate applied will be the rate in effect on the last day of the monthly statement cycle.
Interest will be compounded monthly and credited to the account on a monthly basis.
The interest accrual method is 365/365 days.

Account Limitations

Limited to two (2) interest-bearing checking accounts (Interest or Relationship Checking) per household.

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Frequently Asked Questions

How do I earn the highest interest rate?

You can earn the highest available Annual Percentage Yield (APY) by meeting the monthly qualification requirements for Qualification B. To qualify, you must:

Make at least 15 posted and settled debit card purchases during your monthly statement cycle AND
Spend at least $1,000 on your Blackhawk Bank & Trust Visa® credit card during the previous calendar month AND
Have at least one direct deposit or electronic payment (ACH) post and settle during the monthly statement cycle.

What happens if I don't meet the monthly qualifications?

If you don't meet the monthly qualification requirements, your account will still earn interest—just at the non-qualifying interest rate. You won't lose your account or your ability to earn interest, and you can qualify for the higher rate again during the next monthly statement cycle by meeting the required qualifications.

Is there a minimum balance requirement?

No. There is no minimum balance required to maintain your Interest Checking Account or to earn interest. You can open the account with a minimum deposit of $50.

Can I open an Interest Checking Account online?

Yes! You can apply for an Interest Checking Account online through Blackhawk Bank & Trust. If you have questions or would prefer assistance, you're also welcome to visit any of our convenient branch locations, and a Customer Service Representative will be happy to help you open an account.

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Is this account FDIC insured?

Yes. Deposits at Blackhawk Bank & Trust are FDIC insured up to the maximum amount allowed by law, giving you added peace of mind while earning interest on your everyday checking account.