Compare Checking Accounts

Find the checking account that best fits your needs

Our options let you manage money the way you want, without the fees. 

Premium Checking

Earn 3.50% APY* by doing the things you already do.

Free Checking

Get a totally free checking account so you can focus on what matters most to you.

Student Checking

Manage your money with the technology you expect and none of the fees.

Comparison chart for Premium Checking, Free Checking, and Student Checking
Premium Checking
Free Checking
Student Checking
Earns interest

3.50% APY*- no maximum balance

No interest paid

No interest paid

Monthly service fee

Free - no monthly fee

Free - no monthly fee

Free - no monthly fee

Minimum Opening Deposit

$20.00

$20.00

$20.00

ATM Access

Free at all Monterra ATMs and over 30,000 network ATMs nationwide

Free at all Monterra ATMs and over 30,000 network ATMs nationwide

Free at all Monterra ATMs and over 30,000 network ATMs nationwide

Visa® Debit Card

Free and accepted at over 23 million locations worldwide

Free and accepted at over 23 million locations worldwide

Free and accepted at over 23 million locations worldwide

Online Banking with Bill Pay

Free and simple to use to check balances, transfer money, pay bills, and more

Free and simple to use to check balances, transfer money, pay bills, and more

Free and simple to use to check balances, transfer money, pay bills, and more

Mobile Banking with Mobile Deposit

Free and convenient for banking on the go – you can even deposit a check

Free and convenient for banking on the go – you can even deposit a check

Free and convenient for banking on the go – you can even deposit a check

Account Alerts

Free and easy to set up; stay aware of account and card activity to avoid fraud

Free and easy to set up; stay aware of account and card activity to avoid fraud

Free and easy to set up; stay aware of account and card activity to avoid fraud

Text Fraud Alerts

Free service that alerts you immediately about any suspicious purchase(s)

Free service that alerts you immediately about any suspicious purchase(s)

Free service that alerts you immediately about any suspicious purchase(s)

Overdraft Protection

Free when you set up overdraft protection from your Monterra Savings Account; paid options available with a Monterra Credit Card and Courtesy Pay

Free when you set up overdraft protection from your Monterra Savings Account; paid options available with a Monterra Credit Card and Courtesy Pay

Free when you set up overdraft protection from your Monterra Savings Account; paid options available with a Monterra Credit Card and Courtesy Pay

Check Reordering
  • Log in to online banking and send us a secure message.
  • Visit any branch
  • Call us at (650) 363-1725
  • Log in to online banking and send us a secure message.
  • Visit any branch
  • Call us at (650) 363-1725
  • Log in to online banking and send us a secure message.
  • Visit any branch
  • Call us at (650) 363-1725
Premium Checking details
Premium Checking
Earns interest

3.50% APY*- no maximum balance

Monthly service fee

Free - no monthly fee

Minimum Opening Deposit

$20.00

ATM Access

Free at all Monterra ATMs and over 30,000 network ATMs nationwide

Visa® Debit Card

Free and accepted at over 23 million locations worldwide

Online Banking with Bill Pay

Free and simple to use to check balances, transfer money, pay bills, and more

Mobile Banking with Mobile Deposit

Free and convenient for banking on the go – you can even deposit a check

Account Alerts

Free and easy to set up; stay aware of account and card activity to avoid fraud

Text Fraud Alerts

Free service that alerts you immediately about any suspicious purchase(s)

Overdraft Protection

Free when you set up overdraft protection from your Monterra Savings Account; paid options available with a Monterra Credit Card and Courtesy Pay

Check Reordering
  • Log in to online banking and send us a secure message.
  • Visit any branch
  • Call us at (650) 363-1725
Free Checking details
Free Checking
Earns interest

No interest paid

Monthly service fee

Free - no monthly fee

Minimum Opening Deposit

$20.00

ATM Access

Free at all Monterra ATMs and over 30,000 network ATMs nationwide

Visa® Debit Card

Free and accepted at over 23 million locations worldwide

Online Banking with Bill Pay

Free and simple to use to check balances, transfer money, pay bills, and more

Mobile Banking with Mobile Deposit

Free and convenient for banking on the go – you can even deposit a check

Account Alerts

Free and easy to set up; stay aware of account and card activity to avoid fraud

Text Fraud Alerts

Free service that alerts you immediately about any suspicious purchase(s)

Overdraft Protection

Free when you set up overdraft protection from your Monterra Savings Account; paid options available with a Monterra Credit Card and Courtesy Pay

Check Reordering
  • Log in to online banking and send us a secure message.
  • Visit any branch
  • Call us at (650) 363-1725
Student Checking details
Student Checking
Earns interest

No interest paid

Monthly service fee

Free - no monthly fee

Minimum Opening Deposit

$20.00

ATM Access

Free at all Monterra ATMs and over 30,000 network ATMs nationwide

Visa® Debit Card

Free and accepted at over 23 million locations worldwide

Online Banking with Bill Pay

Free and simple to use to check balances, transfer money, pay bills, and more

Mobile Banking with Mobile Deposit

Free and convenient for banking on the go – you can even deposit a check

Account Alerts

Free and easy to set up; stay aware of account and card activity to avoid fraud

Text Fraud Alerts

Free service that alerts you immediately about any suspicious purchase(s)

Overdraft Protection

Free when you set up overdraft protection from your Monterra Savings Account; paid options available with a Monterra Credit Card and Courtesy Pay

Check Reordering
  • Log in to online banking and send us a secure message.
  • Visit any branch
  • Call us at (650) 363-1725
*APY = Annual Percentage Yield. Rate effective as of 7/1/2026. The APY will be paid if all of the following are met within the monthly statement cycle: 1.) Make ten (10) or more card purchases using either the debit card(s) linked to your Premium Checking account and/or a credit card under the same membership as your Premium Checking account; and 2.) Minimum of one (1) direct deposit, payroll deposit, or external ACH transferred into your checking account type; and 3.) select to receive eStatements in lieu of monthly paper statements. Requirements If requirements are not met, the APY will be 0%. Offer and rates subject to change. Conditions and restrictions apply.