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.
- 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.
|Savings and Money Markets **|
|Business Statement Savings||.10%|
|Business Money Market||.10% to .20%|
|Business AdvantageMoney Market||.10% to .20%|
|Sole Proprietor / Non Profit Checking||.05%|
|Business Power Package Account||0.75%|
|Certificate of Deposit / IRA CDs|
|6 Month CD||1.00%|
|12 Month CD||.35%|
|15 Month CD||.40%|
|18 Month- Add On CD***||.70%|
|24 Month Penalty Free CD||.50%|
|30 Month CD||.50%|
|36 Month CD||1.00%|
|48 Month CD||1.15%|
|60 Month CD||1.50%|
|**Money Market and Savings accounts are limited to 6 third party transfers per statement period (telephone, internet, check, draft, POS, similar order are limited to 6 per statement cycle). There will be a $15.00 fee for excessive electronic or third party transfers.***18-Month Add On CD – may make additional deposits of a minimum of $10.00|
|***18-Month Add On CD – may make additional deposits of a minimum of $10.00|