Dedicated to Deposits: Deals, Data, and Discussion

4.00% Reward Checking Account at Coppermark Bank in TX & OK


Coppermark Bank
Coppermark Bank is offering a reward checking account called Free High-Interest Checking. The account offers the following features if certain monthly requirements are met:
  • 4.00% APY on balances up to $25,000
  • 0.10% APY on balances over $25,000
  • 0.10% base rate if qualifications are not met
  • ATM surcharges refunded up to $25 per month
The monthly requirements include:
  • 16 debit card purchases (PIN or signature based)
  • one ACH credit (includes direct deposit)
  • receive e-statements
Additional features of the account regardless of the monthly requirements include:
  • no minimum balance requirement
  • no monthly fees
  • free bill pay
This appears to be a pretty typical reward checking account except for the requirement of 16 debit card purchases a month. This is tougher than the average reward checking account which typically requires only 10.

It appears a branch visit is required to open an account. Branches are located in Oklahoma City and in Dallas, Texas.

The bank has been FDIC insured since 1963 (FDIC Certificate # 18957).

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.

Rate History:
08/03/09: 4.00% APY up to $25K; 0.10% over; 0.10% base
04/09/09: 4.00% APY up to $25K; 0.20% over; 0.20% base

  Tags: Texas, checking account, Oklahoma, reward checking account, Coppermark Bank

Related Posts

Comment #1 by 51hh posted on
Looking at the review, I would not get near this bank even it is the last one on earth:D

Using it as a primary checking... that is both vague and risky, IMO.  There are tons of other banks/credit unions who treat their customers with decency and respect; not Monitoring/policing them like a hawk!!