Easton Bank and Trust is offering a reward checking account which pays 2.51% APY on balances up to $25,000 (0.50% for above) and refunds ATM fees of up to $50 per cycle if the following monthly requirements are met:
- 12 Visa debit card purchases
- one direct deposit or ACH debit
- receive electronic statements
There's an online application, but the application states that you have to come in to a branch location to complete the application process. Branches are located in the Maryland cities of Easton, Denton, Greensboro and Oxford. The bank has been FDIC insured since 1993 (FDIC Certificate # 33815).
Thanks to the reader who emailed me news of this account.
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.
07/28/11: 2.51% APY to $25K
11/16/10: 3.01% APY to $25K; 0.50% over; 0.10% base
07/16/09: 3.51% APY to $25K
01/16/09: 4.01% APY to $25K; 1.25% over $25K; base rate remains same
11/24/08: 4.49% APY to $25K; 1.50% over $25K; 0.25% if requirements not met