Comerica Bank launched Comerica Maximize, a new solution that allows qualifying small business and business banking customers to earn interest income while growing and protecting their businesses with treasury services.
“At Comerica, we take pride in listening to our customers and finding ways to add value to their lives,” Jim Weber, chief experience officer for Comerica Bank, said. “Over the past year, we’ve launched several beneficial programs for our small business customers, like Comerica SmallBizCo-op, Comerica CoWorkSpaces and SizeUp by Comerica, all created to support and help grow their businesses. Comerica Maximize is the latest solution in our growing suite of value-add offerings that are intended to help enable small business and business banking customers to save time and best maximize their cash.”
Comerica Maximize is a combination of an interest-bearing checking account and cash management solutions designed to save customers time and help them optimize funds. With a Comerica Maximize checking account, customers receive an Earnings Credit Allowance (ECA) to offset monthly fees, and after fees are paid, customers can earn a tier-based interest rate on any remaining balance.
The Comerica Maximize cash management package is aimed at helping customers optimize their liquidity through Comerica’s treasury management solutions. With a set of digital tools, customers can access information reporting, deposit checks remotely, help protect against fraud, and manage customer payments, receivables and loans.
Now through Oct. 15, 2023, customers who open a Comerica Maximize checking account, enroll in a Comerica Maximize cash management package and maintain an average checking account balance of $250,000 for their fourth, fifth and sixth statement cycles will receive a $2,500 cash bonus.
“The Comerica Maximize package is a rare bundle that aims to benefit small and larger businesses alike,” Allysun Fleming, executive vice president of payments at Comerica Bank, said. “Customers can offset fees and earn competitive returns on excess balances and gain access to Comerica’s comprehensive treasury management, with the bundle designed to help them operate more securely and efficiently.”
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