Get rewarded for saving money with Commerce Bank. When you open a myRewards money market account, you will earn a bonus at the end of each year. Commerce pays 0.05 percent of the average collected month-end balance after every 12 months. The maximum reward each year is $200.

Checking accounts offer free transactions at Commerce Bank ATMs. The CommerceRelationship checking account offers free transactions at ATMs across the nation. This account also offers up to $10 each month in ATM fee refunds. To have the fees refunded, the transactions must come from the CommerceRelationship account.

Commerce Bank offers a variety of accounts. These accounts include:

• Five checking accounts
• Student savings and checking account
• myRewards savings account
• myRewards money market account
• Premier money market account
• CDs terms from three-months to five-years
• Personal loans, credit cards, and investment options
• Business checking and savings accounts
• Business loans, bonds, investments, and credit cards

Commerce offers a mySpending card, which is a reloadable Visa debit card. Load the amount you want onto the card. The card is accepted anywhere Visa is. There is not a monthly fee. It costs $5.95 to buy the card for the first time. You must load it with at least $20 the first time. There is a loading limit of $3,000 per week.

Savings accounts only allow for three withdrawals per billing cycle. Any more than three will cost you $2.00 per withdrawal. Federal regulations allow six withdrawals from a savings account per billing cycle.

The interest rates for Commerce Bank accounts are low. They are not competitive with other online-only banks. Their rates are typical of brick-and-mortar banks.

Accounts with Commerce Bank have a plethora of fees. They have monthly service charges ranging from $3-20, depending on the account. Some accounts have fees for paper statements, e-statements, and foreign ATM fees. The student checking account has a $2 fee for every check written and for each teller-assisted withdrawal. Know the fees and how to waive them before you open accounts.

Customer service is not open 24/7. Customer service hours are Monday-Friday from 8 a.m. to 8 p.m. Saturday from 8 a.m. to 4 p.m. These times are Central Time. There is a 24-hour account information line.

Read the full Commerce Bank review.

The Northfield Bank online accounts offer competitive interest rates. The rates for the online accounts are competitive with other online accounts. The online account rates are higher than other Northfield Bank account rates.

There are a variety of personal accounts offered by Northfield Bank. They offer an interest-earning checking account, one for students, and traditional checking accounts. They offer a savings account for children, CDs, and money market accounts.

Northfield offers online and mobile banking for their accounts. These services are not just for the online accounts. All Northfield Bank accounts have the option of online and mobile banking. You can see account balances, transfer money, and deposit checks. You can pay bills and pay others with PopMoney.

Along with personal deposit accounts, Northfield offers business accounts. Those accounts include a checking and money market account for businesses. Northfield also offers credit cards, lending, and cash management services for businesses. All business accounts must be opened in a branch location.

Not all Northfield Bank accounts can open online. Most Northfield accounts require you to visit a branch location to open. Their branches are in the New York and New Jersey area. The accounts you open online include one savings account and CDs. The CD terms include a nine-month, 11-month, 16-month, and 60-month.

The interest rates for Northfield accounts opened in a branch location are tiered. To earn the most competitive rates on those accounts requires large account balances. The money market account requires $15,000. The high yield money market and premier savings account requires $100,000.

Most Northfield accounts have monthly fees. The fees for accounts opened in the branches range from $3 to $25. To waive the fees requires a set account balance. Those balance range from $500 to $100,000. The online savings account has a monthly fee of $8 if your balance falls below $2,500.

The online accounts with Northfield have high opening required amounts. The online CDs require $2,500 to open. The savings account only requires $0.01 to open, but there is an $8 monthly fee if your balance falls below $2,500. Any amount over $0.01 earns interest. You must also link the Northfield account to another bank account. You fund your Northfield online account through the linked account.

Read the full Northfield Bank review.