First United Bank and Trust Co is offering a reward checking account called First Rate Checking. It has the following rates and features if certain monthly requirements are met:
- 3.75% APY on balances up to $25,000
- 0.76% APY on portion of balance over $25,000
- 0.15% base rate if monthly requirements are not met
- Refunds ATM fees nationwide without limit
- 10 MasterCard check card purchases
- 1 automatic payment or direct deposit
- Receive e-statements
- $50 minimum initial deposit
- No minimum balance requirement
- No monthly service charge
The bank has been a FDIC member since 1996 (FDIC Certificate # 34150).
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.
10/20/09: 3.75% APY up to $25K
07/07/09: 4.50% APY up to $25K; 0.76% over; 0.15% base