Comerica Bank Enhances Rich Rewards Checking Account

DETROIT, Aug. 2 /PRNewswire-FirstCall/ -- Comerica Bank's Rich Rewards checking account package has been enhanced so that everyone can be rewarded with discounts on loans and bonuses on time deposits.

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Rich Rewards is an interest checking account which provides a package of bank and non-bank discounts and the ability to link up to three additional deposit accounts to waive the monthly maintenance fee. Customers receive a 0.25 percent discount on loans and a 0.15 percent bonus on time deposit accounts with a maturity of one year or more.

The minimum balance requirement for Rich Rewards is $2,500 or $5,000 in Rich Rewards Checking and/or up to three related accounts (Statement Savings, Money Market Investment Account, High Yield Money Market Investment Account, time deposit or IRA) each day. Rich Rewards also provides customers other money-saving benefits, including a discount on the rental of a safe deposit box, free single signature American Express Travelers Cheques, three free cashiers checks per year and Hertz car rental discounts

Comerica Incorporated is a financial services company strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful.