Performance Checking
We know how hard you work for your money, so choose the checking account that puts your money to work—for you.
Unlimited Bill Pay
Conveniently receive, track and pay all your bills online in minutes.
Online Banking
Check your balances, view your transaction history, pay bills and more — all from your computer or mobile device.
Earn Interest
Watch your money grow while it stays safe and secure.
- Enjoy the opportunity to earn higher interest rates
- Receive a free Platinum Mastercard® Debit Card
- Open your account with as little as $50
Features and Benefits
- Earn higher interest rates on your balances of $30,000 or less by meeting three easy requirements each statement period:
- Must have at least one direct credit or debit (ACH credit or debit), such as direct deposit or automatic bill payment
- Must make at least 12 debit card purchase transactions
- Must be enrolled in Online Statements
- Always earn the standard interest rate, even if requirements are not met
- Enjoy unlimited check writing
- Benefit from free direct deposit and have your payroll, Social Security or other recurring incomes deposited straight into your checking account
- Keep track of your finances with free Online Statements(3)
- Manage your accounts with free Online Banking
- Free Bill Pay to make monthly payments through our secure website
- Gain access to BudgetWi$e, our free online budgeting tool
- Enjoy free Mobile Banking(5)
- Receive up to five ATM fee reimbursements(9.2)
- 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 Performance 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.
Add-On Benefits
- Overdraft Protection available(6)
- Personalize your debit card by making it one of our collegiate or specialized Affinity Cards(12)
Requirements
- Opening deposit: $50
- Monthly requirements to waive monthly service fee:
- $1,000 minimum daily ledger balance
-OR- - Must meet all three higher-rate requirements
- $1,000 minimum daily ledger balance
- Monthly higher rate of interest requirements(9.1) (balances of $30,000 or less):
- At least one direct credit or debit (ACH debit or credit), such as direct deposit or automatic bill payment
- At least 12 debit card purchase transactions
- Must be enrolled in Online Statements
Fees
- Monthly service charge:
- Free if monthly requirements are met
- $10 if monthly requirements are not met
- Monthly statements:(3)
- Free Online Statements
-OR- - Monthly paper statement fee:
- Free with minimum daily ledger balance of $500
-OTHERWISE- - $2 for a truncated paper statement
- $4 for a paper statement with images
- Free with minimum daily ledger balance of $500
- Free Online Statements
- Free Bill Pay with personal checking accounts
- ATM fee refund:(9.2)
- $4.00 service charge refund for first five non-BancorpSouth ATM transactions and/or inquiries if higher-rate requirements are met for the statement cycle
Disclaimers:
(3) 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.
(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.
(9.1) Performance Checking is available to personal accounts with deposits of at least $50. The Higher Rate is paid on Performance Checking account balances $30,000 or less and given at the end of each statement cycle, when all of the following four requirements are met during a statement cycle: 1. Have at least one ACH debit or credit; 2. Have at least 12 debit card purchase transactions; 3. Receive Online Statements instead of by regular mail; 4. Have your Performance Checking account enrolled in Internet Banking. If you do not meet all these requirements during the statement period, you will earn the Standard Rate on all balances. The Standard Rate is always paid on that portion of Performance Checking account balances over $30,000, even if the four requirements have been met. The Standard Rate is also paid on balances $30,000 or less for the entire statement cycle if any of the four requirements are not met for the Higher Rate at any time during the statement cycle. Rates are subject to change at the bank's discretion. Fees may reduce earnings. Maintain a minimum balance of $1,000 or meet the Higher Rate requirements to avoid $10 monthly fee.
(9.2) Non- BancorpSouth ATM fee refunds and credits (a total of $4.00 for each of the first five non-BancorpSouth ATM transactions each statement cycle) are given at the end of each statement cycle.
(12) Affinity Cards are available for any BancorpSouth checking account and have an annual $5 fee per card.
