Do you keep high balances in your checking account? Do you like writing checks but also use online banking*? Then Prime Checking is perfect for you. Grow your balances with a simplified interest-bearing checking account. And there’s no transaction volume required!
Avoid any account maintenance costs by keeping your balance above $250.00 and earn interest if you keep $1000 or more in your account! It’s a great reward for responsible spending and accessing your accounts online.
Interest-bearing electronic account that allows you to write checks
- New checking accounts receive a free box of checks ($30 value)
- Qualify for a two year 50% discount on a safe deposit box
- Comes with debit card and online banking through e-Teller.
- No Minimum Balance required. Start your account with $0, $10, or $1,000.
- No fee to use Bill Pay
- Overdraft Protection available
Spirit of Alaska for the win! I've been with them since 1998 and still love them!- A.G., Facebook Review
Account Type Min. Bal. to avoid fee Min. Bal. to earn Dividends Dividend Rate APY*
Prime Checking **
$250.00 $1000.00 .05% .05%
*Annual Percentage Yield. Current as of 23 March 2018. Refer to our Pricing Guide (PDF) for all fees. Fees may reduce earnings. Rates are subject to change at any time.
**Federal law requires us to verify all identities when opening new accounts. If you are applying with a joint applicant, their consent is implied when the application is submitted with the on-line checking account application.
Frequently Asked Questions
Is there a minimum balance to open?
No. There’s no minimum balance to open. However, you must maintain a minimum balance of $250 to avoid a $10 monthly maintenance fee.
Can I write as many checks as I want on this account?
Yes, you have unlimited checking privileges with Prime Checking.
How do I order new checks?
You can order new checks through our online banking portal e-Teller, or you can speak to any Spirit of Alaska representative over the phone at any branch. They can order checks for you at a minimal cost.
Can I use a debit card with this account?
Yes, all of our checking accounts come with a free debit card and access to online banking.
How can I waive the fee on this account?
Maintain a balance of $250 from month to month.
I like receiving my statements in the mail to review. Does this account offer paper statements?
No, this account requires you to sign up to receive online statements.
- Is there a minimum balance to open?