Business Check Card
The Carroll Community MasterCard Check Card® gives you the convenience of a business credit card without the finance charges and monthly bills. Unlike a credit card, payments for purchases are automatically deducted from your primary business checking account, so it’s a safe and easy way to access funds you need without a lot of cash in your wallet.
Features:
- Automatically deducts funds from your business checking account – no need to write a check or wait for check approvals.
- No monthly payments or finance charges (unless you utilize an overdraft line of credit).
- No need to carry extra cash or keep a lot of petty cash on hand with millions of acceptance locations and ATMs worldwide.
- Get authorization for immediate shipment of any mail, phone, or internet orders.
- Set variable daily limits on purchases and cash withdrawals to protect account from fraud.
- Request extra cards for your employees with preset spending limits.
- Get a receipt with every purchase to better track spending.
- Set spending controls for employees
- Reduces the need to use personal funds for business purchases.
- Receive detailed monthly bank statements for easy account reconciliation, expense reporting, and identification of tax deductions.
Business Deposit Rates (Annual Percentage Yield)
| Savings and Money Markets | |
| Business Statement Savings | .25 |
| Business Money Market | .20 to .80 |
| Business Advantage Money Market |
.25 to .85 |
Checking |
|
| Sole Proprietor / Non Profit Checking |
.10 |
| Certificate of Deposit / IRA CDs | |
| 6 Month CD | .15 |
| 12 Month CD | .25 |
| 15 Month CD | .30 |
| 18 Month- Add On CD*** | .35 |
| 30 Month CD | .40 |
| 36 Month CD | .55 |
| 48 Month CD | .80 |
| 60 Month CD | 1.25 |
Make the Switch Today!
The switch kit includes:
