Premium Plus Relationship Account
- Free ATM access worldwide with unlimited refunds on ATM surcharge fees1
- Highest rate; interest earned on entire checking balance
- Unlimited check writing
- Free debit card
- Free mobile banking
- Free online banking and bill payment
- Higher debit card purchase limit
- No-annual-fee Visa Platinum Card for qualified applicants
- A home equity line rate as low as Prime -1%, currently 4.00% APR2
- Discount on home equity loan rate with direct debit2
- All standard checks free (or discount on designer checks)
- Free first year safe deposit box
- No-fee traveler's checks, money orders, treasurer's checks
- Ability to add additional checking accounts without monthly maintenance fee3
- $25,000 minimum monthly average combined deposit balance, or a Cambridge Trust first mortgage, or a $25 monthly maintenance fee4
- Other banks may surcharge for use of their ATMs. ATM surcharge fees you receive from using other banks' ATMs will be refunded for Premium Plus Relationship or up to $15 per statement cycle for Premium Relationship Account.
- For credit qualified applicants. Borrower pays the appraisal fee of approximately $225–$575 for a home equity line of credit or a home equity loan in excess of $100,000 or in excess of 50% of the property’s tax assessed value. If property held in trust or line of credit or loan is greater than $500,000 legal fees($425–$815) and recording fees ($175–$325) apply. For lines of credit or loans $1,000,000 or greater title insurance is required ($2.75 per $1000 of mortgage amount). Full 50 year title certification fee required for lines of credit or loans from $500,001 $999,999 ($150– $300). Consult your tax advisor about tax deductibility. The Home Equity Line of Credit interest rate is variable andsubject to change monthly. The Maximum Annual Percentage Rate (APR) of interest is 18%. The APR is based on the value of an index. The index is the Wall Street Journal Prime Interest Rate. $500 fee for early termination for line of credit applies. Relationship rate is available to borrowers who maintain a Cambridge Trust Company Premium or Premium Plus Relationship deposit account, with autodebit of the monthly payment from a Cambridge Trust Company deposit account. Minimum APR of 4.00% for Relationship or 4.50% for nonRelationship customers applies to Line of Credit only. Property insurance is required.
- When you meet the minimum combined monthly balance requirement, you may open additional Premium Plus Relationship, Premium Relationship or Access Accounts with an equal or lower minimum balance free of monthly maintenance fees. Access Checking always requires eStatement delivery to avoid maintenance fees.
- You may link all related personal deposit accounts for which you have direct ownership to count toward the balance required to waive the monthly maintenance fee.
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