Coppermark Bank Changes RCA Qualification Cycle Effective Immediately

The qualification cycle for Coppermark Bank has changed effective immediately with this month's cycle.  The qualification cycle used to close on the 29th of the month (on the prior workday if the 29th was a weekend or federal holiday).    The qualification cycle is now the last calendar day of the month (on the prior workday if the last calendar day is on a weekend or federal holiday). 

Notice of the change will be included with this month's statement.  The change was made to accommodate customers who are paid the last day of the month.   For those customers *cough* who start working to meet their requirements early in the cycle, those transactions will fall in the still open cycle.

Amendment per the info in the statement available this morning (misspelling included for free). 

"As of April 30, 2012 your Free High Interest Checking statement date will be the last business day of each month. All qualifying debit card transactions must post and clear as of the last buisness day of the month to meet the requirements for the premium interest rate."