SmartRate Checking - 1.00% APY - Rate as of 5/15/2024With the SmartRate Checking account, unlock the potential to earn a higher interest rate without needing to maintain a higher balance. Enjoy freedom from ATM fees, with monthly refunds up to $10 for non-TCBCC ATM fees, plus over 55,000 fee-free ATMs globally through the Allpoint ATM Network*. And get rewarded for your everyday transactions by earning MyCapeRewards points every time you use your debit card for purchase transactions.

Why Choose SmartRate Checking


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Safety and Security. By combining FDIC primary insurance and DIF excess deposit insurance, we are able to provide our depositors full insurance on all deposits, no matter the balance. Visit our FDIC and DIF page for more information on how FDIC insurance is calculated.


Rates effective June 16th, 2024
SmartRate Checking
With a daily balance ofWhat you get
Interest RateAPY*
Balance up to and including $10,0001.00%1.00%
That portion of your balance that is greater than $10,0000.25%1.00% to 0.40%
* All rates and Annual Percentage Yields (APYs) are accurate as of the rate effective date and are subject to change without notice. The Annual Percentage Yield is the rate at which an account would earn interest over a one-year period if the stated interest rate remained in effect and all interest paid on the account was left in the account. Interest is compounded monthly on all accounts. Fees on your account could reduce earnings. Rate(s) may change after the account is opened. Cannot be combined with any other offers. Minimum deposit of $25 required to open account. If your daily balance is $10,000 or less, the interest rate paid on the entire balance will be 1.00% with an annual percentage yield of 1.00%. An interest rate of 0.25% will be paid only for that portion of your daily balance that is greater than $10,000. The annual percentage yield for this tier will range from 1.00% APY to 0.40% APY. For example purposes only, this APY range is calculated assuming account balances from $10,000.01 to $50,000.00.

Deposits insured by Federal Deposit Insurance Corporation (FDIC) and Depositors Insurance Fund (DIF). All deposits are insured in full.

1Other banks may charge a fee for the use of their ATM.
2One free order of basic style welcome checks.
3There are no bank fees for this service, but standard wireless/data plan fees and/or text rates apply. Consult your provider.
*SmartRate Checking is available for personal, family, or household purposes only. Account is subject to $15 monthly service charge. Service charge will be refunded at the end of each Statement Cycle in which the account meets the following qualifications (Monthly Qualifications): Maintain minimum daily balance of $1,000; Direct Deposits or ACH credits  totaling at least $1,000 post to and clear account; active enrollment in eStatements, and two point of sale debit card transactions post to and clear account. Up to $10 per month in non-TCBCC ATM fees will be refunded if Monthly Qualifications are met.