Double the Perks: High-Yield Savings Meets Cash Back Checking
4.75% APY* on Savings Balances Up to $250,000
Looking to maximize your hard-earned savings? With our Zeugma Plus high-yield savings account, earning more on your savings has never been easier. And with an attached Zeugma Plus checking account, you’ll earn cash back on debit purchases and ATM fee reimbursements to boost your savings even more!
A Checking Account with Rewards
1% cash back on checking account debit card purchases**
Up to $15 per month in ATM fee reimbursements**
No minimum balance or monthly fees
A High-Interest Savings Account
High-yield savings account with 4.75% APY* on balances up to $250,000
FDIC insured, no minimum balance, no monthly fees
Qualifications are as Easy as 1-2-3
①
Set Up Direct Deposit
Think paycheck, pension, or any regular income—just make sure it’s over $1,000 a month and you’re good to go.
②
Sign Up for eStatements
Skip the clutter and save a few trees while you're at it. You can view your statements anytime right in the mobile app.
③
3 Debit Transactions
Grab your coffee, pay a bill, or stock up on groceries—just use your debit card three times a month for everyday spending.
Since opening up an account I can’t say anything negative about the bank nor this branch nothing but positive and excellent customer service and it they definitely will go above and beyond to help you in whatever you need! Big shout out to Karla she was very helpful with answering my questions through the phone today.
Had a great experience today at Leader Bank. Dany was knowledgeable, efficient and very personable. She was able to handle my transaction quickly, she provided great customer service. Thank you Dany!
Been banking with Leader Bank for over 6 years and I'm very happy with their services. The East Arlington branch is very well-managed and welcoming.
Varsha in East Arlington made what I thought was a difficult transaction very easy. Leader really excels at customer service!
From the minute you walk in the door you feel like you’ve gone to visit friends rather than do banking. Every employee is extremely helpful, knowledgeable and friendly. I would definitely recommend this bank and this branch to everyone.
Frequently Asked Questions
There are three options to get started, you can open an account online by clicking here, call our team directly at 781-641-8686, or email us at depositaccounts@leaderbank. No matter what option works best for you, opening your Zeugma Plus accounts is easy and can be done in just a few minutes!
After your initial deposit of at least $1,000 at account opening, to qualify each month you must simply:
- Receive a minimum of $1,000 in direct deposits.
- Be enrolled in eStatements.
- Have three debit transactions posted and cleared per month.
Interest will be paid on the Zeugma Plus Savings account in the next statement cycle on balances of $250,000 or less as soon as you meet the qualifications above. See the fine print at the bottom of the page for full details.*
There is no cost to opening either account, only a minimum balance of $10 is required at the opening of each account.
Opening an Account is Fast and Easy!
Education
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Link to What Are High-Yield Savings Accounts and How Do They Work? What Are High-Yield Savings Accounts and How Do They Work?
Link to Everything You Need to Know About Checking Accounts and Debit Cards Everything You Need to Know About Checking Accounts and Debit Cards
Checking accounts are one of the most common types of bank accounts (along with savings accounts) and allow you t
Link to 10 Simple Ways to Save Money Each Month 10 Simple Ways to Save Money Each Month
Looking to put more money into your savings account each month?
*Annual Percentage Yield (APY) effective as of 5 December, 2025. To open a new Zeugma Plus account relationship, you must make a total initial deposit of $1,000.00 using funds drawn from outside Leader Bank. Your Zeugma Plus Accounts must each be funded with a minimum of $10.00, the minimum balance required to maintain eligibility. To receive the 4.75% APY quoted, you must fulfill the following 3 requirements for your Zeugma Plus Checking each month: (a) receive a minimum of $1,000 in direct deposits, (b) enroll in eStatements, and (c) have three (3) electronic withdrawal debit transactions posted and cleared (excluding internal transfers) (the “Qualifying Criteria”). When you satisfy the Qualifying Criteria, then an APY of 4.75% shall be paid on Zeugma Plus Savings balances up to $250,000 in the following month. An APY of 2.50% will be paid on that portion of daily balances which exceed $250,000; your total APY for such balances will range from 2.50% to 4.75%, depending on total balance. If you do not meet the Qualifying Criteria in a month, you will be paid 2.50% APY on your entire balance in the following month. The APYs above are effective for accounts opened between 12/1/25 and 2/28/26 and shall not be changed for accounts opened in this timeframe until at least 5/31/26; thereafter APYs may vary. Limit one Zeugma Plus Checking and one Zeugma Plus Savings account per household; additional terms and conditions may apply.
**Eligible Zeugma Plus Checking accounts that meet the Qualifying Criteria will be reimbursed up to $15 per month in ATM surcharges assessed by other banks and will receive debit card cash rewards of 1% on “Qualifying Purchases” per month. “Qualifying Purchases” include signature transactions only where the client selects “credit” as the transaction type. Transactions made at, with, or through the following vendors will not be counted towards the minimum number of debit transactions requirement for Zeugma Plus or receive the 1% cash back regardless of if it is a transaction where “credit” is selected as the payment type: Google Wallet, PayPal, Venmo, Square Cash, MoneyGram, or any other cash transfer, wire transfer or payment made through any money movement app, website, vendor or institution. Bonuses are subject to IRS tax reporting requirements IRS 1099-MISC.
