Royal Banks of Missouri's New Reward Checking Requirement

Royal Banks of Missouri continues to be the top nationwide reward checking account with a 4.30% APY on balances up to $25K. However, customers will have to do more work starting in March. A reader just forwarded me an email he received from the bank. Here's an excerpt:

Beginning March 9, 2010 the bank will require each client to complete 15 Debit Card Transactions monthly for each Majestic Checking Account. Previously, you were only required to complete ten transactions in a statement cycle.

Refer to my reward checking review for more details of this account and bank.