Interest Plus Checking
We understand. Some customers need to have large balances in their checking accounts. So why not put all that money to work? With Interest Plus Checking, you can earn interest on your money and earn higher rates on higher tiers of balances.
Unlimited Bill Pay
Conveniently receive, track and pay all your bills online in minutes.
Prevent overdrafts by transferring funds from another account.
No Annual Fee Credit Card
There is no annual fee for the BancorpSouth Mastercard® Credit Card with Cash Rewards.
- Enjoy unlimited transactions
- Earn tiered rates of interest based on your balance
- Enjoy no service charges if you have a balance of $1,000+
Features and Benefits
- Earn tiered interest rates based on your account balance(3) — the interest-rate tiers are based on the following balances:
- $4,999 or less
- $100,000 and above
- Enjoy unlimited check writing
- Benefit from direct deposit and have your payroll, Social Security or other recurring incomes deposited straight into your checking account
- Get a free Mastercard® Debit Card
- Keep track of your finances with Online Statements(4)
- Receive image statements
- Manage your account with Online Banking
- Bill Pay to make monthly payments through our secure website
- Gain access to Spending, our online budgeting tool
- Enjoy Mobile Banking(5)
- Utilize Mobile Wallet – a fast and secure way to keep pace with your lifestyle(14)
- Bundle your checking and savings accounts for a more convenient way to budget and save toward your goals
- Gain access to your account information 24 hours a day with just a quick call to our InfoLine at 1-888-797-7711
Want to get more from your Interest Plus Checking account? With our optional add-on products, you can build in the extra features that you want, for a minimal fee, without having to update your checking account option.
- Overdraft Protection available(6)
- Personalize your debit card by making it one of our collegiate or specialized Affinity Cards(12)
- Opening deposit: $1,000
- Monthly requirements to waive monthly service fee:
- $1,000 minimum daily ledger balance
- Monthly service charge:
- Free if minimum daily ledger balance is met
- $10 if balance falls below minimum
- Monthly statements:
- Free Online Statements
- Free paper statements with imaged checks
- Free Online Statements
- Free Bill Pay with personal checking accounts
(3) Interest is earned on the Interest Plus Checking account according to the following tiers: $4,999 or less; $5,000 -$9,999; $10,000 -$24,999; $25,000 -$49,999; $50,000 -$99,999; $100,000+.
(4) If account is not enrolled in an online statement there will be a $2 monthly fee for truncated or $4 monthly fee for image paper statement. Monthly paper statement fee is avoided with a minimum daily balance of $500.
(5) Carrier data charges may apply. The BancorpSouth Mobile Banking App is available for iPhone® and Android™ devices. Visit the iTunes Store or the Android™ Market to download your app today. If you do not have an iPhone or Android device, you can access Mobile Banking by going to bancorpsouth.com/mobile after enrolling.
(6) Overdraft protection requires either a BancorpSouth Credit Card or Equity Credit Line (both subject to credit approval).
(7) BancorpSouth Credit Card is subject to standard credit card lending policies.
(12) Affinity Cards are available for any BancorpSouth checking account and have an annual $5 fee per card.
(14)• Not available for BancorpSouth VISA credit card, Mastercard Business debit or credit card, or HSA customers. Only available for Mastercard personal debit cards or credit cards issued by BancorpSouth. • Not all retailers accept mobile wallet payments. Look for the symbol or icon representing the mobile wallet app you use prior to making purchases. Additionally, the retailer must also accept Mastercard. • Availability of your mobile wallet may be affected by your mobile carrier’s coverage area. Your mobile carrier’s message and data rates may apply.