Bank Checking Accounts with a 5.00% APY and higher
August 05, 2007
FDIC-INSURED BANK CHECKING ACCOUNT RATES (and all the fine print straight from the bank's websites detailing what a new customer has to do to earn the highest yield)
FirstBank - 6.17% APY
FirstRewards is an account that lets you earn sky high interest (currently, 6.17% annual percentage yield) on balances up to $25,000 (1.00% on balances above $25,000) and refunds all domestic ATM surcharges. The minimum opening balance is $0. Sky high Interest is earned by completing a few tasks between statements (from the 4th Wednesday of one month to the 4th Tuesday of the next). If you complete all of the tasks, you earn the sky high interest, it's that simple. In the event you do not complete the required tasks your account will earn .20% annual percentage yield. The tasks that will allow you to earn your accrued interest are: • At least 10 check card transactions (excess transactions will not carry over to the next month and ATM transactions are excluded) • Direct Deposit or at least One ACH Credit or Debit • Access Online Banking (by any joint account holder) • Receive Electronic Statements (when available
State Bank of Toledo - 6.01% APY
Requires 10 checking card transactions each cycle, one direct deposit or ACH auto-credit each cycle, and eletronic statements. $100 minimum deposit.
First National Bank - 5.60% APY
You’ll earn 5.60% Annual Percentage Yield* interest for balances up to $25,000 and 1.50% APY on balances over $25,000, if the requirements are met. If you don’t meet the requirements you will earn .50% APY on your account balance. ATM fees refunded anywhere, anytime (up to $30 in ATM refunds per statement cycle).
Requirements:
* 15 Visa Check Card transactions, excluding ATM, per statement cycle.
* ACH or Direct Deposit required.
* Enroll in 24 Hour Banking and receive eStatements.
* Maintain valid email address.
Phelps County Bank - 5.25% APY
* 5.25% Annual Percentage Yield for balances up to $25,000
* 1.00% Annual Percentage Yield on the portion of balance over $25,000
* Unlimited check writing
* Refunds of all ATM Fees
* FREE PCBchek Card
Salem Five Direct - 5.20% APY
Salem Five will never charge a fee for ATM transactions conducted at non-Salem Five ATMs, and we will reimburse the fees other banks charge up to $15 per statement cycle.
Earn 5.30% APY on average daily balances of $100,000-$999,999. Earn 5.00% APY on average daily balances of $0-$9,999, 5.10% APY on $10,000-$24,999, 5.20% APY on $25,000-$99,999 and 0.50% APY on balances of $1,000,000 or more. Minimum to open this account online is $100.00. The rate may change after the account is opened. The stated APY applies to new eOne accounts opened after 7/30/2007.
$25 bonus is an interest credit to be posted to your account within 60 days of initiating a recurring direct deposit such as payroll or social security payments. The recurring direct deposit must be initiated within 90 days of account opening.
Account requires eStatements. This offer is not available at Salem Five branch offices. Consumer accounts only
eBank - 5.00% APY
American Chartered Bank - 5.00% APY
*Interest rate paid is based on collected balance in account at close of each business day
*Fees may reduce earnings
*Variable Rate Account Disclosures:
Interest Rate: The interest rate and annual percentage yield may change
Determination of Rate: At our discretion we may change the interest rate on your account
Frequency of rate change: We may change the rate on your account at any time
