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Maintaining Balance in elroy for Direct Deposit Rewards

Learn why maintaining your balance in elroy is essential for earning direct deposit rewards

Updated over a year ago

Q: Do I need to maintain a specific balance in my elroy account to qualify for rewards?

A: Yes, maintaining a specific balance is key for reward eligibility:

  1. Understand the Rewards: Earn rewards based on your direct deposit amounts - $25 for deposits between $500 and $4,999.99, and $100 for $5,000 or more.

  2. Balance Maintenance: Keep the deposited amount in your account for at least 60 days to be eligible for rewards.

  3. Why It Matters: This requirement helps ensure a stable banking relationship and allows us to offer you more benefits.

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