Webster Value Checking
This is our most-popular account. It’s easy to get free checking, loan discounts and more — especially when paired with a Value Savings account.
- Easy eligibility to waive the monthly service charge1
- Free mobile banking, including mobile check deposit2
- Free Visa® Debit Card
- 0.25% discount available on personal loans, home equity loans & lines of credit, with ACH payments3
- 0.125% discount on mortgages, with ACH payments3
- Free paperless statements
All Webster personal checking account customers receive:
A Visa® debit card⁴, access to over 300 Webster ATMs and an extensive network of branches; use of our free mobile app²; and free online banking, including bill pay, paperless statements and account alerts.
Compare with other checking accounts
No-charge ATM usage for checking withdrawals at any bank
- Rebates of other banks' ATM fees, including international
- Preferred rates on Premier Savings accounts and CDs
- Free checks, stop payments and incoming wire transfers
- Discounts on mortgages, home equity loans and lines of credit, and personal loans2
WebsterOne® Relationship Checking⁴
No Webster fees for using other banks' ATMs
- Preferred rates on savings and CDs
- Discounts on personal loans and home equity loans and lines of credit2
- Discount on mortgages2
Free, with no minimum balance
- Free for five years after account opening
- Four ATM waivers per statement cycle when using non-Webster ATMs
- One rebated non-Webster ATM transaction (fee charged by other banks) per statement cycle
- Available for high school (15+ years old) and college students
1Webster Value Checking: Minimum opening deposit of $50 is required. You can avoid the $11.95 monthly service fee when you meet ONE of the following during your monthly statement cycle: a) maintain a monthly average balance of at least $1,000, OR b) are age 65 or older and have at least one direct deposit OR c)make at least $500 in cumulative direct deposits.
2Mobile Banking: You must be enrolled in Webster Online Services to use Webster Mobile Banking. Your mobile services provider may assess message and/or data charges, depending on your plan. The free balance alert notifications are in real time; please use your mobile phone’s settings to set quiet hours for alerts, if desired. We may establish limits that apply to the amount of any individual check, the dollar amount and number of checks that may be deposited in a day and the dollar amount of checks that may be deposited in a multi-day period. To learn more, see the Webster Mobile Deposit Terms and Conditions. Subject to eligibility requirements. Not available with Opportunity Checking. Our mobile app supports Android 2.2+ and iPhone/iPad iOS 4.3.5+. Apple and Android are trademarks of Apple Inc. and Google Inc., respectively.
3Loan Discounts – Automatic Loan Payment Offer: Customers with any personal Webster checking account may be eligible to receive an automatic payment rate discount on Home Equity Loans and Lines, Mortgages and Personal Loans. To receive the rate discount, an automatic payment deduction (ACH) is required from your Webster Bank personal checking account. This discount does not apply to Government Assisted Mortgages. Mortgages over $1,000,000 are not eligible for the discount.
All loans and lines are subject to the credit approval process. Product features, APY and/or offers are subject to change without notice and may be withdrawn at any time. Rates and fees may vary by state and region. Other restrictions may apply. Cannot be combined with any other offers from Webster or its affiliates. See a banker for details. Tax reporting may apply.
4All Webster personal checking account customers receive: a Visa® Debit Card, access to over 300 Webster ATMs and an extensive network of branches; use of our free mobile app; and free online banking, including bill pay, Paperless Statements and account alerts. Visa is a trademark of Visa Inc.
5Webster Premier Checking: Minimum opening deposit of $500 is required. You can avoid a $21.95 monthly maintenance fee by keeping $20,000 in combined monthly average checking, money market, and savings balances or $50,000 by adding CDs, home equity, and installment loan balances (excludes mortgages, refinanced student loans and savings secured loans) by the end of your statement period; and monthly average investment balances (excluding the last day of the month). Premier Checking is a tiered rate product. The tiers are $0 to $2,499.99, $2,500 to $9,999.99, $10,000 to $24,999.99, $25,000 to $49,999.99, and $50,000 and over. The APY (Annual Percentage Yield) for Premier Checking as of 06/1/2020 is 0.01% for balances of $0.01 to $49,999.99 and 0.01% for balances $50,000.00 and over, and is subject to change at any time.
Premier Checking ATM Benefits: Webster will not charge any fees for checking withdrawals at non-Webster ATMs. If you are charged a fee by another bank for checking withdrawals at its ATM, we will rebate the fee.
6WebsterOne® Relationship Checking: Minimum opening deposit of $50 is required. You can avoid a $16.95 (or $14.95 with direct deposit) monthly maintenance fee by keeping $4,000 in combined average checking, money market and savings balances during your monthly statement period or $20,000 adding CD, home equity and installment loan balances (excludes mortgages, refinanced student loans and savings secured loans ) by the end of your statement period.
7Webster Student Checking: Minimum opening deposit of $50 is required. There is no monthly service charge. Student Checking is free for 5 years after opening or switching to this account. After 5 years, it will convert to Webster Value Checking. A valid student ID is required; if it is not provided within 60 days of account opening account will convert to Webster Value Checking. You must be at least 18 years old to open an individual checking account at Webster. A student at least 15 years old may open a joint Student Checking account with another individual who is at least 18 years old. Each joint owner has full control over the account and is responsible for the activity of the other owner, including the activity of a minor who is a joint owner. See your Deposit Account Disclosures for more details on Joint Ownership Accounts.
Student Checking ATM Benefits: Per statement cycle, Webster will not charge for up to 4 ATM fees associated with using non-Webster ATMs. If you are charged a fee by another bank for using its ATM, we will rebate 1 fee per statement cycle. Product features are subject to change at any time. Insufficient Available Funds Fees: 1 fee will be rebated per academic year (September to August).