Account pledges no fees on cards
PORTLAND — The Bank of Maine offers its Promise Rewards Checking Account customers free debit card usage, free ATM use at any ATM in the U.S. and no monthly fees.
The bank launched the first-of-its-kind Promise Rewards Checking Account with no minimum balance requirement in June 2011. Consumers can sign up online or at one of the bank’s 33 branches to earn up to $250 just for becoming a customer. This account not only carries no cost to a customer, it provides the customer with five cents cash back on qualifying transactions, including debit card usage, direct deposits, online bill pay and more.
“A debit card offers speed and convenience. We encourage our Promise Checking Account customers to use their card as they always have, without any concern that they will be incurring debit card fees,” said Dick Lucas, senior executive vice president of The Bank of Maine. “With our Promise Rewards Checking account, we demonstrate our loyalty to our customers by paying them for it.”
Unlike many of the nation’s largest banks which are adding to the cost burdens of their customers, The Bank of Maine is lowering its customers’ costs by offering cash incentives on qualifying transactions, including debit card usage.
The Bank of Maine, founded in 1834, is an FDIC-insured, federally chartered savings bank with more than $830 million in assets. The bank offers a broad range of personal and business financial services through its 33 branches and 43 ATM sites located from York to Fort Kent. In addition to serving the needs of its customers, the bank and its charitable foundation have returned over $25 million to Maine communities through contributions and grants. To learn more, visit www.thebankofmaine.com or look for the bank on Facebook and Twitter.
