High-Yield Reward Checking with Two Options at PriorityONE Credit Union of Florida - Local Only

For those who don't like to use debit cards, reward checking hasn't been a good option. The debit card usage is typically is one of the main requirements to qualify for the high rates. The unique thing about PriorityONE Credit Union of Florida is they give members two types of reward checking accounts. Both are free of monthly fees. For those who don't like debit cards, there's the Go Green checking which has the following rates and features as of 2/16/2011:

• 1.50% APY on balances up to $25,000
• 0.00% for portion of balance over $25,000
• 0.00% base rate if requirements are not met

Monthly requirements include:

• Direct deposit of at least $150 per month
• Receive e-statements

For those who are willing to use a debit card and make online bill payments, the credit union offers the I-Net checking with the following rates and features as of 2/16/2011:

• 2.50% APY on balances up to $25,000
• 0.00% for portion of balance over $25,000
• 0.00% base rate if requirements are not met

Monthly requirements include:

• 12 debit card purchases
• 2 Online Bill Payments
• Direct deposit of at least $150 per month
• Receive e-statements

Note, I found the rates of both of these accounts listed in the credit union rates page. However, I couldn't find where they described the details of the I-Net checking. I had to call them for these details.

The credit union also offers some fairly competitive long-term CD rates.

Membership

Credit union membership is open to anyone who lives or works in Broward County, Florida. Also eligible are Postal, Federal or Professional Employees, Trade Groups, and Associations who reside within Florida. Please refer to the credit union's Join-Us page for more details.

Branches are located in Sunrise, Ft. Lauderdale and Coral Springs.

The credit union has an overall health score at DepositAccounts.com of 4 out of 5 with a Texas Ratio of 9.56% (excellent) based on September 2010 data. Please refer to our financial overview of PriorityONE Credit Union of Florida for more details. The credit union is federally insured by the NCUA (Charter # 67444).

Other High-Yield Reward Checking Accounts

To find reward checking accounts in your state or to find those available nationwide, please refer to the reward checking section of DepositAccounts.com.