Reliabank Dakota Increased Debit Card Usage Requirement

The bank now requires customers to use their debit card 15 times a month (up from 12). At least they continue to offer the very competitive rate of 4.07% APY for balances up to $25K. They used to offer this account nationwide, but they restricted new accounts in February to only residents of South Dakota.

Thanks to the reader who emailed me of this news.