Dedicated to Deposits: Deals, Data, and Discussion

Yields Increase to Over 6% on Two Nationally Available Reward Checking Accounts

POSTED ON BY

Community Bank of Pleasant Hill and Community Bank of Raymore just increased the yields on their reward checking accounts from 5% to over 6% APY. You can apply online for both at Checkingfinder.com. In June when their reward checking accounts were yielding 5.01% APY, I had contacted the banks and received confirmation that you could apply online at Checkingfinder. Please refer to the posts below for reviews of these accounts:
Both have a balance cap of $25,000 and require the typical 10 debit card purchases a month.

The 6.10% APY is the second highest yield for a nationally available reward checking account (see list). Only MidWest America FCU's 7.01% APY reward checking has a higher yield.

Rate hikes on reward checking accounts have been rare. We're seeing many more rate cuts. I discussed this issue of reward checking rates in this recent post.

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.


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Comments
3 Comments.
Comment #1 by Anonymous posted on
Anonymous
It is funny that both these sites look like mirror images of each other.
How is that checkingfinder does not find midwestamerica too?

1
Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
I think banks and credit unions must complete a contract with the companies behind Checkingfinder (BancVue and FIRST ROI). I guess many banks and credit unions choose not to be listed on Checkingfinder. Also, I think the institution can choose only to be listed for certain zip codes if they only want customers from specific areas.

1
Comment #3 by Anonymous posted on
Anonymous
hard pull on either of these accounts?

1