Can I establish an account for another person?
No, the account owner must open his or her own account. However, you may transfer or gift funds to another member’s account by logging in to your account and entering the required information in the
Is there an account opening fee?
ACN charges a modest, one-time set-up fee of $10 to establish a member’s account. This fee is automatically withdrawn from the member’s account when the initial funding is processed.
What if I already have a savings plan and just want to attend ACN events?
Some people find they do not need the savings option, but are interested in connecting with other Amazing Care members as well as learning more about the various topics we cover in aging and health
Is there a minimum balance requirement?
Amazing CARE Network members are required to contribute a minimum of $25.00 monthly and maintain a minimum balance of $100 in their Amazing CARE account. The monthly contribution requirement is waived for members whose account
How can I deposit funds into the account?
Members fund their account via an electronic funds transfer from their personal checking or savings account. Once your bank account has been added, go to MANAGE ACCOUNT > Deposits > Make a Deposit. You have an
Can I deposit funds into another member’s account?
Yes, you may. Click the “Manage Account”, then “Gifting” to specify how much and to whom your gift should be directed.
Will I earn interest on my account balance?
Yes, funds remain at Sterling where interest is earned. Current Interest Paid on Amazing Care Network Accounts INTEREST RATE TABLE* Effective January 1, 2016 Interest Tier Interest Rate APY% $15,000 or higher 0.85% 0.85% $10,000
How is interest earned credited to my account?
Interest is credited monthly and added to your balance.
Do I have to spend my funds within a set period of time?
No, you may leave the funds in the account for as long as you wish. Any balance left in your account at death will be distributed to the beneficiaries you designated.
What are the account fees?
ACN charges a modest one-time set-up fee of $10 to establish a member’s account and a $5 monthly administration fee. These fees reflect an ACN discount granted by Sterling and includes your account fees as