Free Checking Account
Our free checking account has no minimum balance and no monthly fee. And, unlike free checking accounts at other banks, you'll earn interest on higher balances.
You can open your free checking account online and view your checking account balance anywhere you can access the Internet--at home, at work or on the road. You can also get checking account information by phone--our expert personal bankers are available 7 AM to 9 PM (Central Time), seven days a week.
Open your free online checking account with just $100 and you'll pay no monthly fee with no minimum balance requirement. Our free checking accounts include:
- FREE Online BillPay - Pay your bills directly from your checking account with unlimited electronic transactions you control (unlike automated ACH withdrawals).
- FREE VISA Debit Card (no annual fee).
- FREE ATM and debit card transactions.*
- FREE initial order of custom personalized checks.
- FREE online cleared-check images.
- FREE account transfer from other Principal Bank accounts.
- Money Movement - Online money transfer service that lets you move money between your Principal Bank checking account and your accounts at other banks.
- Overdraft Protection - Peace of mind knowing you're covered against those unexpected emergencies that might otherwise overdraw your checking account.
- Direct Deposit - The convenient way to have funds automatically deposited into your checking account.
* Certain ATM machines may implement a surcharge for transactions.
With our free checking accounts, you'll enjoy these benefits:
- Tiered interest earned on account balances at $2,500 and $25,000
- 24-hour account access - online or on the phone
Not looking forward to the hassle of switching checking accounts? No problem. We've made it easy to choose our free checking account. Just check out our Switch Kit for a checklist of things to remember, prewritten letters and fill-in-the-blank forms to close your old accounts, sign up for direct deposit, cancel automated payments and more.
Plus, you have 6 ways to make deposits to your free checking account:
- Electronic deposit
- ATM deposits and transfers (where available)
- Regular mail
- Telephone transfers
- Wire transfers
- Money Movement
