Old Second

 

Checking

STOP thinking of it as just another checking account. START banking on it as a reward for your relationship. When you link your accounts through Money Connection, you gain access to a variety of additional benefits—higher rates of interest, overdraft sweeps and more.

Checking Navigator

This online program will provide you with some general information to help you understand better how checking accounts work, how to better manage a checking account and how to avoid overdraft fees. Click Here to get started.

CHECKING OPTIONS

For full account and fee disclosures, please visit one of our convenient branches or contact us.

  • Free Checking

    A great account for anyone, with no minimum balance requirement or monthly maintenance fees.

    • $50 minimum opening balance
    • Unlimited withdrawals/debits
    • First order of O2 checks is FREE
    • FREE O2 Online Banking services
    • FREE O2 Debit Card with access to O2 Debit Rewards Program and unlimited MoneyPass® Network ATM transactions
    • FREE imaged check statements
    • FREE 24/7 account access by phone through Infoline
    • Identity theft protection is available for $1.99/month (FREE for Money Connection customers)
    • Relationship rates may be available on other products, especially when direct deposit is selected

    Apply Now

  • Convenience Checking

    When you choose to have your paychecks or Social Security checks directly deposited in your account—or arrange for the monthly auto-debit of an O2 Mortgage or Home Equity payment—you gain more than added banking convenience. You earn valuable banking privileges.

    • NO minimum balance, though an opening deposit of $50 or more is required
    • NO monthly service fee
    • Interest is earned on balances of $500 or more
    • Unlimited withdrawals and debits
    • First order of O2 checks is FREE
    • FREE O2 Online Banking services
    • FREE O2 Debit Card with access to O2 Debit Rewards Program and unlimited MoneyPass® Network ATM transactions
    • FREE imaged check statements
    • FREE 24/7 account access by phone through Infoline
    • Identity theft protection is available for $1.99/month (FREE for Money Connection customers)
    • Relationship rates may be available on other products, especially when direct deposit is selected
    • Rates may change after account is opened.  Fees could reduce earnings
    Apply Now

  • Interest Checking

    If you typically average balances of more than $500 in your checking account, put those balances to work earning interest for you.

    • A $500 minimum opening balance—and ongoing minimum balance—is needed to avoid a $10/month fee
    • Unlimited withdrawals/debits
    • First order of O2 checks is FREE
    • FREE O2 Online Banking services
    • FREE O2 Debit Card with access to O2 Debit Rewards Program and unlimited MoneyPass® Network ATM transactions
    • FREE imaged check statements
    • FREE 24/7 account access by phone through Infoline
    • Identity theft protection is available for $1.99/month (FREE for Money Connection customers)
    • Relationship rates may be available on other products, especially when direct deposit is selected
    • Rates may change after account is opened.  Fees could reduce earnings

    Apply Now

  • Prime Time Club Checking

    The Prime Time Club is open to customers who are at least 55 years old and have combined balances of $10,000 or more in their Old Second Bank or Wealth Management accounts.

    • NO minimum balances, though an opening deposit of $50 or more is required
    • NO monthly service fee
    • $500 minimum balance to earn interest
    • FREE services include: money orders, cashier’s checks, gift cards, signature guarantees, and notary services
    • Discounted travelers checks
    • Safety deposit box services are offered at a 25% discount
    • FREE Prime Time checks
    • FREE O2 Online Banking services
    • FREE O2 Debit Card with access to O2 Debit Rewards Program and unlimited MoneyPass® Network ATM transactions
    • FREE imaged check statements
    • FREE 24/7 account access by phone through Infoline
    • FREE O2 newsletter subscription and financial counseling session
    • Invitation to annual Prime Time Club luncheon
    • Identity theft protection is available for $1.99/month (FREE for Money Connection customers)
    • Relationship rates may be available on other products, especially when direct deposit is selected
    • Rates may change after account is opened.  Fees could reduce earnings

  • Premier Checking

    O2 doesn’t just offer you checking with interest, but checking with an interest rate that is linked to your balances—the higher your balances, the higher the rate of interest you earn.

    • Minimum opening balance of $5,000 required; a minimum average daily balance of $2,000 is needed to avoid service fees
    • Tiered interest rates:
      • $5,000 - $9,999
      • $10,000 - $24,999
      • $25,000 - $49,999
      • $50,000 and over
    • First order of O2 checks is FREE
    • FREE O2 Online Banking services
    • FREE O2 Debit Card with access to O2 Debit Rewards Program and unlimited MoneyPass® Network ATM transactions
    • Identity theft protection is available for $1.99/month (FREE for Money Connection customers)
    • Unlimited withdrawals from foreign (non-O2) ATMs*
    • Relationship rates may be available on other products, especially when direct deposit is selected
    • Rates may change after account is opened.  Fees could reduce earnings

    *While you won’t be charged for foreign ATM transactions by Old Second, the sponsoring bank may charge a fee

  • Money Connection

    Making the connection is simple. Choose the Old Second Checking Account that best meets your needs. Then link that account to either an O2 Money Manager Money Market account or an O2 Money Builder Savings account and start banking where, when and how you want.

    • Receive a higher rate of interest on your account balances when you link your accounts
    • Access to Money Connection Overdraft Sweep which will automatically transfer funds from savings to checking for a $10 fee, saving you from a $33 overdraft fee
    • FREE identity theft protection (Otherwise $1.99/month)
    • Earn reward points with the O2 Debit Rewards program, redeemable for merchandise, shopping, dining and travel when you make purchases with your Money Connection Debit Card
    • FREE O2 Online Banking services
    • FREE e-mail alerts
    • Receive one consolidated statement each month
    • Gain the added convenience offered by Money Connection Prepaid Reloadable Cards
    • FREE imaged check statements
    • FREE 24/7 account access by phone through Infoline

Checking Options Comparison Chart

Close
  Convenience Checking Interest Checking Prime Time Club Checking Premier Checking
Minimum average daily balance Not required $500 Not required $2,000
Minimum opening deposit $100 $500 $100 $5,000
Interest rates On balances of $500+ On balances of $500+ On balances of $500+ Tiered interest rates
Debit card fees $1.50 per withdrawal at non-O2 and non-MoneyPass ATMs $1.50 per withdrawal at non-O2 and non-MoneyPass ATMs 3 free withdrawals per cardholder at non-O2 ATMS*, then $1.50 per withdrawal at non-O2 and non-MoneyPass ATMS Unlimited withdrawals at non-O2 ATMs*
First order of checks Free Free Free Free
Free O2 Online Banking, BillPay, e-mail alerts, and O2 Debit Card Yes Yes Yes Yes
Identity Theft Protection $1.99/month (free for Money Connection customers) $1.99/month (free for Money Connection customers) $1.99/month (free for Money Connection customers) $1.99/month (free for Money Connection customers)
Free money orders, travelers checks, cashier's checks, and gift cards N/A N/A Yes N/A
Discounted safety deposit box services N/A N/A Yes N/A

* While you won't be charted for foreign ATM transactions by Old Second, the sponsoring bank may charge a fee.