It's like a safety net for your wallet.
Smart SPEND offers the advantages of a traditional checking account — without checks! It’s like a safety net for your wallet, because you won’t have to worry about overdraft charges or unexpected fees from us.
With your MidSouth Debit Card — issued to you instantly at account opening — you are less likely to overdraw your account, and there are no overdraft charges if you do.
It’s easy to keep track of your money with Smart SPEND — you can manage spending, receive transaction alerts, access e-statements, and enjoy the convenience of online and mobile banking.
- Initial deposit to open is $25
- Free MidSouth Bank Debit Card issued at account opening
- No overdraft charges
- No monthly maintenance fee
- Free eStatements
- Free Online Banking with Bill Pay
- Free Mobile Banking with Mobile Deposit
- Free Digital Wallet using Apple Pay or Google Pay
- Transaction alerts with CardValet®
- Free use of all MidSouth ATMs
- SELECT benefits available featuring cell phone insurance, credit monitoring, and more!
| Advantage | eChoice | PrimePlus | Super NOW | Smart SPEND | |
|---|---|---|---|---|---|
| Minimum opening deposit | $100 | $100 | $100 | $1,500 | $25 |
| Monthly maintenance fee | $7.95 | None¹ | None | None | None¹ |
| Required balance fee | No | No | No | Yes² | No |
| Personal standard checks | FREE | - | FREE | - | N/A³ |
| MidSouth Debit Card | FREE | FREE | FREE | FREE | FREE |
| Online Bill Pay* | FREE | FREE | FREE | FREE | FREE |
| 24-Hour Telephone Banking* | FREE | FREE | FREE | FREE | FREE |
| Use of MidSouth ATMs | FREE | FREE | FREE | FREE | FREE |
| Interest bearing | Yes⁴ | No | Yes⁵ | Yes⁶ | No |
¹None – Free with e-statements; paper statements will include a charge of $4.00/month
²Yes – $9 monthly charge if the minimum balance is not met
³N/A – No paper checks are allowed. If presented, such checks will not be paid
⁴Yes – $1,000 minimum daily balance to earn interest
⁵Yes – $500 minimum daily balance to earn interest
⁶Yes – $1,500 minimum daily balance to earn interest
*Third-party internet/data fees may apply