The Bank of Georgia is offering a rewards checking account that pays 0.88% APY on balances up to $25,000 (0.88% for above) and refunds ATM fees nationwide if the following monthly requirements are met:
- 10 check card purchases
- one direct deposit or automatic payment
- receive statements electronically
There's an online application, but a branch visit appears to be required to complete the account opening process. Branches are located 10 to 30 miles southwest of Atlanta in the cities of Peachtree City, Fayetteville, Newnan, Tyrone, Sharpsburg and Fairburn.
The bank has been FDIC insured since 2000 (FDIC Certificate # 35259).
Thanks to the reader who mentioned this account in the comments.
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.
11/12/09: 0.88% APY up to $25K; 0.88% over
09/10/09: 4.01% APY up to $25K
01/25/09: 5.25% APY up to $25K; 1.01% over; 0.25% base