Wednesday, February 16, 2011 - 6:11 PMBank of Blue Valley
It's a a new variant of the reward checking account, and it still requires estatements and 1 direct deposit/ach, but the rate depends on your total signature-based debit card transactions:
4.00% APY if you spend $1,000 or more.
3.00% APY if you spend between $300 and $999.99
0.55% APY on the balance in excess of $25,000
Otherwise, 0.20% APY on your entire balance.
They still have the 'old' Performance Checking account paying 3.05% APY that requires 12 signature-based transactions per cycle (no minimum or total specified). I've received no information that this account is changing or being discontinued in favor of the new one.
Limit 1 "pay yourself back" account per person, 2 per household.