Looking for a checking account with a premium interest rate and ATM fee refunds? Then you'll love Guaranty Bank's Elevate checking account. To qualify for Premium APY1 of 3.00%, you must have a minimum opening deposit of $50 and meet all of the following requirements per statement cycle:
- A minimum of 15 qualifying Visa® debit card purchases2 each statement period (purchases must have posted to the account by the last business day of the statement cycle)
- Receive at least one Direct Deposit3 each statement period (Direct Deposit must have posted to the account by the last business day of the statement cycle), and
- Enroll in Guaranty Bank Internet Banking and enroll to receive E-Statements4 for this account.
Don't meet one of these monthly requirements? No problem. You won't earn the premium rewards for that month, but you can start over the following month.
| Minimum Balance for APY | APY | Minimum to Open |
| $0.01 - $25,000.00 | 3.00% | $50.00 |
| $25,000.01 + | 0.25% | $50.00 |
(1) Annual Percentage Yield. Rate may change after account opening. APY is accurate as of July 1, 2025, and is not an introductory rate. $50 deposit required to open account. Premium APY is for average daily balances up to $25,000. To obtain premium APY, you must meet the following monthly requirements per statement period: A minimum of 15 qualifying VISA debit card purchases each statement period; Receive at least one Direct Deposit each statement period (debit card transactions and direct deposits must have posted to the account by the last business day of the statement cycle); Enroll in Guaranty Bank Internet Banking and enroll to receive eStatements for this account. An interest rate of 2.96% will be paid only for that portion of your average daily balance that is $25,000 or less. The APY for this tier will be 3.00%. An interest rate of 0.25% will be paid only for that portion of your average daily balance that is $25,000 or greater. The APY range for this tier will be 3.00% to 0.80%. Regardless of your balance, if you do not meet the requirements listed, the interest rate and APY will be 0.01%. 2 Qualifying VISA debit card purchases are defined as point-of-sale transactions made with your Guaranty Bank debit card that are completed using a PIN (personal identification number), signature, contactless, or mobile wallet (e.g., Apple Pay, Google Pay, Samsung Pay). ATM withdrawals, ATM transfers and debit card payments authorized but not yet posted do not count toward the debit card requirement. 3 Direct deposits examples are an electronic deposit of your paycheck, pension or government benefits from your employer or the government. Person to person payment (such as Zelle, Venmo or Cashapp) are not considered a direct deposit. 4 Valid email address is required for eStatements. A $3 monthly statement fee will be charged if not enrolled in eStatements. Fees may reduce earnings.
Switch to Elevate
Our friendly, branch will help you determine if Elevate is best for you. Making the switch from your current financial institution to Guaranty Bank is easy, thanks to their knowledge and expertise.
Monitor Elevate
With Guaranty Bank Mobile Banking, you can safely monitor your Elevate checking account from your phone - and pay bills, transfer funds, set up alerts and find ATMs.
Questions?
Call us at 833.875.2492 Visit our locations