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Incentive Checking

A Novation Incentive Checking account is a free, interest-earning spending account. It definitely pays to have Incentive Checking! You can earn 0.50% APY* each monthly cycle on balances up to $25,000. To earn interest, simply

  • Receive eStatements.
  • Enroll in payroll direct deposit.
  • Make at least 12 Visa® Debit Card purchases.

Besides earning interest, Incentive Checking also offers many other great benefits:

  • No monthly fees
  • No minimum balance requirements
  • Free Visa Debit Card with Purchase Rewards®
  • Access to 30,000+ surcharge-free ATMs
  • Free online, mobile & tablet banking
  • Refund up to $25 ATM fees (assessed by Novation) each month—must meet above qualifications
Click here for a complete disclosure statement and monthly cycle dates.
Open Account ​                                     Reorder Checks
  • It’s the fastest, most convenient way to safely deposit your paycheck.
  • Get rid of paper and receive your monthly Novation account statement by email. eStatements are safe, secure and you will receive them faster than if sent by mail.
Entering PIN number into ATM

Purchase Rewards

You can turn your debit card purchases into real cash by taking advantage of Purchase Rewards offers within eBranch and our Mobile Banking apps. Simply log in to your account and under Purchase Rewards, you will find offers chosen for you based on your shopping habits and you click which offers you want to add. You will shop as normal—just make sure you use your Novation debit card! You will receive your cash back at the end of the following month. Click here for a list of merchants you may see offers from.


*APY = Annual Percentage Yield. Rates effective December 1, 2020 and subject to change without notice. To receive the 0.50% APY you must meet the following requirements per month: (1) one payroll direct deposit, (2) must be enrolled in eStatements with valid email address and (3) 12 debit card purchase transactions that must average at least $5. The 12 Visa Debit Card purchases excludes cash advances, ATM transactions, returned purchases, disputed or unauthorized/fraudulent transactions, or fees caused by debit card use. Accounts that meet the requirements will receive 0.50% APY on balances up to $25,000. Resulting APY if requirements are not met or for balances in excess of $25,000 is 0%. Rates and program subject to change.