Cross County Bank is offering a reward checking account called The Most Checking. It pays 4.51% APY on balances up to $30,000 (1.12% for above) and refunds ATM fees (domestic only) of up to $30 per cycle if the following monthly requirements are met:
- 10 debit card purchases
- one direct deposit or ACH debit
- receive electronic statements
There's an online application at The Most Checking webpage that appears like they may accept out-of-state customers. I've sent an email to confirm. Update 9/22/08: I received a reply from the bank, and I was informed that "in most cases, it does require a branch visit to open this account type."
Branches are located in the Arkansas cities of Wynne, Cherry Valley, Hickory Ridge and Jonesboro. The bank has been FDIC insured since 1934 (FDIC Certificate # 13821).
Other Reward Checking Accounts
To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.
07/16/09: 4.51% APY up to $30K; 1.12% APY over $30K
03/12/09: 5.01% APY up to $30K; 1.13% APY over $30K
09/21/08: 6.01% APY up to $30K; 1.01% APY over $30K