What’s In It for Me?
You can own fractional shares of companies like Amazon, Apple, Google, Starbucks, Walmart and more by simply buying your groceries, filling your tank and living your best life.
OMB’s Stock Rewards Checking account is a financial innovation that marries practicality with investment, allowing account holders to build a portfolio while going about their daily lives at essentially no extra cost.
As a result, the transformative benefits of this modern checking account seamlessly integrate rewards in the form of fractional shares, turning ordinary purchases into a pathway to potential financial growth beyond mere cash back.
1 Invest While You Spend: With a checking account that rewards customers with fractional shares of stock, every debit card purchase becomes an opportunity to build a diverse investment portfolio. This innovative feature allows you to grow your wealth gradually with your everyday spending.
2 Diversify Your Investments: Unlike traditional checking accounts that offer limited financial benefits, this type of account empowers you to diversify your investments easily. By earning fractional shares of popular stocks, you can participate in various sectors of the market, spreading risk and potentially maximizing returns.
3 Potential for Long-Term Growth: The rewards in the form of fractional shares present a unique avenue for long-term growth. Over time, as your investment portfolio expands through routine transactions, you have the potential to benefit from the overall growth of the stock market.
4 Financial Education and Engagement: This type of checking account not only encourages financial responsibility but also promotes financial education. Tracking your investments, even in fractional shares, can foster a deeper understanding of the stock market and investment strategies, enhancing your overall financial literacy.
5 Flexibility & Liquidity: While you're building your investment portfolio, this checking account maintains the flexibility and liquidity of traditional accounts. You can still access your funds for daily expenses, emergencies or any other financial needs, ensuring that your money remains easily accessible.
A stock rewards checking account represents a less risky introduction to the concepts of investing. While rewarded stocks are obviously subject to the ups and downs of the market, they were still given as a reward for account activity.
With its emphasis on accessibility, diversity and convenience, OMB Stock Rewards Checking sets a new standard for innovative banking solutions, redefining the relationship between consumers and their financial institution in a profoundly new and different way.
OMB’s Stock Rewards Checking account is unlike any account you’ve seen before. You can open yours quickly and easily – from anywhere!
open online in minutes!
OMB and its affiliates do not provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decision.
OMB Stock Rewards Checking requires connected brokerage account with rewards partner Bits of Stock. Funds held in brokerage account are not insured by the FDIC. Not a deposit or other obligation of, or guaranteed by, the depository institution. Subject to investment risks, including possible loss of the principal amount invested. These non-deposit investment products are insured by the SIPC with a total of up to $500,000, including $250,000 in cash. See account disclosures or a branch banker for complete details.
