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:
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.
Balance Maintenance: Keep the deposited amount in your account for at least 60 days to be eligible for rewards.
Why It Matters: This requirement helps ensure a stable banking relationship and allows us to offer you more benefits.