MercPerks® Plus Checking
MercPerks® Plus Checking
Mercantile's MercPerks® Plus account is designed to maximize savings and security. MercPerks® benefits include; Ultimate ID® Plus Identity Theft Solution, travel benefits, discounts on entertainment, cell phone protection and cash back rewards from over 3,000 online merchants.
Explore MercPerks Benefits → Calculate Your Savings →
Account Details
Minimum Opening Deposit
$25
Recurring Fee
$8.95 monthly or $100.00 annually.*
Interest Paid
Earn up to 3.00% Annual Percentage Yield on balances up to $15,000.00 with eStatement enrollment and $500.00 in monthly ACH deposits. Earn an additional 1.00% Annual Percentage Yield on the entire MercPerks® Plus account balance when the primary account owner's total deposit relationship is $100,000.00 or more.
Loan Discount
0.25% interest rate discount on new consumer installment loan rates.
Benefits for customers with $250,000.00 or more in personal deposit balances.
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0.25% interest rate bump on stated Personal Money Market rates.
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0.25% interest rate bump on stated Retail CD rates (excludes CD Promotions, Flex CD, Add-to CD, and CD automatic renewals).
MoneyPass® ATM Network
No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM).
*Optional annual fee payment method; requires signed enrollment form. Refunds of Annual fee will not be given if the account is closed or converted to a new product.
Features & Benefits You've Come to Expect
✓ 24-hour Access
✓ Budgeting Tool
✓ Mobile Banking
✓ Personal Payments
✓ Overdraft Protection