Bluegrass Community Bank has a high-yield reward checking account called ABC Checking. The account has the following rates and features if certain monthly requirements are met:
- 4.07% APY on balances up to $25,000
- 0.40% APY on portion of balance over $25,000
- 0.15% base rate if requirements are not met
- Refunds ATM fees nationwide without limit
- 10 Visa debit card purchases
- 1 direct deposit or automatic payment
- Receive e-statements
- $100 minimum initial deposit
- No minimum balance requirement
- No monthly service charge
- Two free boxes of checks per year
It's a new bank that was just established in March 2009. Thus, it doesn't yet have any ratings for safety and soundness. It's a FDIC member (FDIC Certificate # 58848).
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.