5.25% Checking Account at a Texas Bank (Alliance)

Alliance Bank is offering a 5.25% APY checking account called Freedom Checking. It's another one of these relationship high yield checking account like those I posted about on Friday. The 5.25% is good up to a $25K balance. Over $25K the APY is 0.75%. It requires 10 debit card transactions and monthly direct deposit or ACH debit. See site for additional details. Some nice perks include free checks and refunds on other bank ATM fees up to $50 per statement cycle. There's a $100 minimum balance requirement.

Alliance Bank has branches in the Texas cities of Sulphur Springs, Greenville, Commerce, Wolfe City and Rockwall. It's FDIC insured.

Thanks to the reader duck who mentioned this checking account in the finding deals post.