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RCB Bank's Reward Checking Balance Cap Drops From $25K To $15K

Wednesday, March 2, 2011 - 7:46 PMRCB Bank - Details
The balance cap on RCB Bank's Go Green Reward Checking Account has dropped from $25K to $15K for new customers. This is now shown on RCB Bank's website. On the plus side, the top rate of 4.10% APY continues.

For existing customers, this is taking effect on April 1st. A reader just forwarded me this email he received from RCB Bank:
Dear Customer:
Beginning April 1st, you will earn the Premium Rate on the  account balance up to $15,000 if qualifications are met.  The Base Rate will be paid on the balance over $15,000 or,  if qualifications are not met, the entire balance.
Thank You!  RCB Bank
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Wednesday, March 2, 2011 - 8:55 PM
Soon the (4%, $25K) club member will become rare.
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427