Smart Checking

Just as the name implies, free, high-interest Smart Checking from The Bank of Fayetteville is just that — smart. Not only is there no monthly service fee, but fantastic rewards, like really high interest, help you make the most of your money.

Smart Checking also reimburses ATM fees incurred not just around Northwest Arkansas, but nationwide.* Do more for your banking without actually doing any more yourself. Make the smart choice today — Smart Checking.

View our current rates

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  • Summary
    • 1.00% APY* on balances up to $15,000
    • 1.00% to 0.22% APY on balances over $15,000 depending on balance in account*
    • 0.05% APY* if qualifications aren't met
    • ATM fee refunds nationwide (up to $25 monthly)****
    • No monthly service fee
    • No minimum balance to earn rewards
    • Unlimited check writing
    • Free online banking & bill pay
    • Free mobile banking with mobile app**
    • Free eStatements
    • Free Visa® check card
    • $100 minimum deposit to open
    • $1000 overdraft privilege***


    Qualifying for rewards is easy — so easy, in fact, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Smart Checking account each monthly qualification cycle:

    • Have at least 10 debit card purchases post and settle
    • Be enrolled and review eStatement notice
    • Have at least 1 automatic payment (ACH) auto debit or direct deposit post and settle

    That's it. If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning major interest and nationwide ATM fee refunds the very next month.

    *APY=Annual Percentage Yield. APYs accurate as of 12/03/2015. Rates may change after account is opened. Minimum to open is $100. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 1.00%; and (3) balances over $15,000 earn 0.10% interest rate on portion of balance over $15,000, resulting in 1.00% - 0.22% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Transfers between accounts do not count as qualifying transactions. Fees may reduce earnings.

    **3rd party message/data rates may apply

    ***Overdraft service offered to accounts in good standing 30 days after account opening. One account with Overdraft Privilege per household. The Overdraft Fee is $19 per item. See The Bank of Fayetteville Automated Overdraft Privilege Disclosure for full details. Payment of overdrafts is discretionary and The Bank of Fayetteville reserves the right to withhold payment.

    ****If you have met your qualifications for the specified qualification cycle, we will reimburse you for ATM fees up to $ 25.00 per qualification cycle based on data provided from the EFT processor. ATM fee reimbursements will be credited to your account on the last day of your statement cycle.