American National Bank is offering a reward checking account that pays 4.05% APY on balances up to $25,000 (0.35% for above) and refunds ATM fees (up to $25 per cycle) if the following monthly requirements are met:
- 12 Visa Check Card purchases
- one direct deposit or automatic debit
- access online banking
- receive electronic statements
It appears that a branch visit is required to open an account. Branches are located in Fremont, Nebraska which is about 25 miles northwest of Omaha.
The bank has been FDIC insured since 1983 (FDIC Certificate # 24481).
Thanks to the reader who emailed me news of this reward checking account.
Other Rewards 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.
12/01/09: 4.05% APY
02/24/09: 5.00% APY up to $25K; 0.35% over; 0.35% base