Momentum Checking

Enjoy a fee-free checking account with premium interest rates and unlimited transactions through Forward Bank’s Momentum Checking.

Momentum Checking Accounts in Wisconsin & Minnesota

With a focus on providing simple and rewarding banking, Forward Bank’s Momentum Checking Account offers convenience, flexibility, and premium interest rates for customers in Wisconsin and Minnesota. This account requires no minimum to open, no monthly fees, and offers unlimited transactions, making it an excellent choice for anyone looking for a hassle-free checking experience. Plus, when you meet the easy monthly qualifications, you’ll earn a premium interest rate. With perks like mobile wallet access and overdraft protection, you can easily manage your finances while earning interest.

Features of momentum checking account:

  • No minimum to open: Start your Momentum Checking account with no initial deposit required.
  • No monthly fee: Enjoy your account without the burden of monthly fees.
  • Unlimited monthly transactions: Make as many transactions as you need each month with no extra charges.
  • Free debit card: Access your funds easily with a complimentary debit card.
  • Mobile wallet access: Make secure payments with your smartphone using mobile wallet services.
  • Digital banking: Manage your account anytime with online and mobile banking tools.
  • Overdraft protection: Optional overdraft protection to keep your account covered.

Qualifications to earn premium interest rate:

To earn the premium interest rate, the following transactions and activities must be met for your Momentum Checking Account during each month.

  • Make at least 10 debit card purchases of $5 or more.
  • Receive at least one ACH direct deposit of $500 or more.
  • Sign into digital banking at least once.
  • Enroll and maintain eStatements.

Momentum Checking Account Interest Rates

Effective Date: 1/18/2025

Interst rates for Checking Accounts.
AccountMinimum to OpenInterest RateAPY**Minimum to Earn APY**
AccountMomentum Checking*† (Requirements are met)Minimum to Open$0Interest Rate3.00APY**3.03Minimum to Earn APY**$0 – $15,000.00
AccountMomentum Checking*† (Requirements are met)Minimum to Open$0Interest Rate0.01APY**0.01Minimum to Earn APY**$15,000.00+
AccountMomentum Checking*† (Requirements are NOT met)Minimum to Open$0Interest Rate0.01APY**0.01Minimum to Earn APY**$0

These interest rates are subject to change without advance notice.

APY assumes interest is added to account.

Term Certificates of Deposit and IRA’s may be subject to early withdrawal penalty.

**APY=Annual Percentage Yield.

*Rates could change after account is opened.

† APY is paid on balances up to, and including, $15,000.00 provided all other account requirements are met for the current statement cycle. For balances $15,000.01 and above, the interest rate and APY of 0.01% will be paid on the portion of your daily balance that is $15,000.00 or greater. If requirements are not met, the interest rate of 0.01% APY will be applied to all balance amounts.

Moving Everyday Banking Forward

Open your Momentum Checking Account today and enjoy a simple, fee-free checking account with premium interest earnings. At Forward Bank, serving Wisconsin and Minnesota, we’re committed to offering banking solutions that work for you—without the hassle of fees or minimums. If you have any questions or need assistance, our friendly team is here to help. Start earning interest while managing your finances with ease.

Choose the Best Checking Account for You

  • Feature
  • Premium Fast Forward Checking
  • Momentum Checking
  • Free Checking
  • Feature
  • Minimum to Open
  • Monthly Fee
  • Monthly Transactions
  • Earns Interest
  • Minimum Balance to Earn Interest
  • Debit Card
  • Digital Banking
  • Overdraft Protection
  • Actions

Experience the Convenience of a New Checking Account

Insurance and Investment products are *Not FDIC Insured *No Bank Guarantee *May Lose Value *Not Insured by Any Federal Government Agency *Not a Deposit