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  • Free rewards checking
    For a rewarding account that pays you back

Free rewards checking account

Ditch the big bank and earn more at Town & Country! With free Rewards Checking, you can earn a high 5.25% APY* just for doing easy, everyday banking activities.

You’ll also get refunds on ATM fees, nationwide* — even when you use big bank ATMs. No matter what, your account is always free, and there’s no minimum balance to earn high rates.

  • Free checking that pays high dividends
  • 5.25% APY* on balances up to $10,000
  • 0.25% APY on balances over $10,000, depending on balance in account*
  • 0.05% APY* if qualifications aren’t met
  • Refunds on ATM fees, nationwide (up to $25 monthly)*
  • No monthly service fee
  • No minimum balance to earn rewards
  • Remote deposit capture
  • Free online banking with bill pay
  • Free E-Statements
  • Free contactless Visa® debit card
  • Access to 30,000 surcharge free Co-Op ATMs nationwide
  • Access to nearly 6,000 branches nationwide through shared branching
  • No minimum opening deposit
  • Change or select a pin 24/7

Still have questions? Click here to book a consultation.

Download the Town & Country mobile app.

Earning your rewards is easy.

Qualifying for rewards is so easy, you’re probably already doing it. To earn your rewards, just do the following transactions and activities in your Rewards Checking account each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 automatic payment or direct deposit post and settle
  • Be enrolled and receive eStatements notice

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 rate. Plus, you can get back to earning the higher rate and nationwide ATM fee refunds the very next month.

*APY=Annual Percentage Yield. APYs accurate as of 08/01/2023. Rates may change after account is opened. There’s no minimum deposit to open. 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 $10,000 receive APY of 5.25%; and (3)balances over $10,000 earn 0.25% dividend rate on portion of balance over $10,000, resulting in 5.25% -0.25% 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. Transfers between accounts do not count as qualifying transactions. 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. Fees may reduce earnings. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.

Free Rewards Checking FAQ

How do I deposit money?

Use direct deposit for your payroll or government checks. This gives you instant access to your funds without having to visit a branch. Most employers and government agencies offer this free service and can easily help you set it up.

You can also wire transfer money from your current account into your newly opened account (contact Town & County Federal Credit Union for details.) Or, you can bring a check to a branch or mail your checks to Town & County Federal Credit Union at:

PO Box 9420 South Portland, ME 04106.

How do I access my money?

Shortly after opening a new Free Rewards Checking account, Town & Country Federal Credit Union sends you a free debit card. Checks can be ordered for this account at any time.

Free Rewards Checking also has free online banking that gives you the freedom to access your account from anywhere. With online banking, you can view account activity, transfer funds between accounts and confirm deposit amounts. Use Town & Country’s free online bill pay service to pay bills online, saving you time and money.

How do I check my balance?

Town & County offers free mobile and online banking with 24-hour access to your account information.

Contact Town & County toll free at (800) 649-3495 or email us at and we’ll be glad to assist you.

What if I need to talk to someone at the institution?
Simply call Town & County at (800) 649-3495 or (207) 773-5656, or email us at and we’ll provide the same great member service you get when you visit one of our branches.
What happens if I don’t meet the qualifications during a monthly cycle?
If there’s a monthly qualification cycle you don’t meet the qualifications, don’t worry. There’s no penalty and you still have a free checking account that earns a base interest rate of 0.05% APY*. The next month you qualify, you’ll be back to earning the reward dividend rate and receiving nationwide ATM fee refunds (up to $25 per cycle).
How will I know if I meet the qualifications during each monthly qualification cycle?
Town & County sends you an email at the end of each monthly qualification cycle that lets you know if you met the qualifications. There’s no penalty for not qualifying, and you still have a free checking account that earns a base interest rate of 0.05% APY*.
Is Rewards Checking insured?
Yes. Rewards Checking is fully backed by the National Credit Union Association (NCUA).
Is this too good to be true?

Not in the least! You qualify when you do the following each monthly qualification cycle:

  • Have at least 12 debit card purchases post and clear
  • Receive eStatements instead of paper ones
  • Have at least 1 automatic payment or direct deposit post and clear

These activities help Town & County save money, which we pass along to you.

Is there a minimum balance to open a Rewards Checking account?
No, there is no minimum balance to open a Rewards Checking account
Do I still get checks with this account?
Yes, you still use checks as you would with any checking account. When you open your Free Rewards Checking account, talk to your member services representative about ordering checks.
Will I be reimbursed for my ATM transactions after each withdrawal or at the end of the statement cycle?
Whenever you meet the monthly cycle qualifications, your nationwide ATM fee refunds occur at the end of the qualification cycle (up to $25 per cycle).

Qualification Cycle Dates 2024

  • December 31 to January 30
  • January 31 to February 27
  • February 28 to March 30
  • March 31 to April 29
  • April 30 to May 30
  • May 31 to June 29
  • June 30 to July 30
  • July 31 to August 30
  • August 31 to September 29
  • September 30 to October 30
  • October 31 to November 29
  • November 30 to December 30
  • December 31, 2024 thru January 30, 2025

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