Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

South Dakota Banking Rates and News

Browse through the stories below to view current deals for South Dakota banks or select an item from the menu bar above to view current rates in South Dakota.

More States Eligible for Frontier Bank’s Top Reward Checking Account
Frontier Bank (IA)

Last year when I first reported on the reward checking account at Frontier Bank, the online application allowed residents of three states to apply. Its online application now allows residents of 12 midwestern states to apply. This gives many more people access to a very competitive reward checking account. The reward checking is under the Kasasa brand, and it’s called Kasasa Cash. As of 3/18/2014, the account has a 3.05% APY on balances up to $20K if typical reward checking monthly requirements are met. There’s also a Kasasa Saver account...

Continue Reading
Bank of the West Checking Account Bonuses Return - Certain States Only
Bank of the West

Bank of the West has again brought back its $150 checking account promotion. It looks like the same promotion they were offering last year. Just like the last one, there's also a $200 bonus, but that requires a checking account with high monthly service fees that can't be easily waived. These promotions are listed on Bank of the West's home page.

Details for the $150 bonus are listed in this Bank of the West promotions page. The checking account must be opened by 3/7/2014.

To qualify for the full $150 requires the...

Continue Reading
Frontier Bank’s Nice Reward Checking Account for Many Midwestern States
Frontier Bank (IA)

Frontier Bank has begun offering a reward checking and savings account under the Kasasa brand. Thanks to DA reader Aaron for mentioning this in the comments. The reward checking is called Kasasa Cash and the companion savings account is called Kasasa Saver. Both offer competitive interest rates. The balance caps are a little low, but they’re reasonable for new Kasasa accounts. Below is a summary of the rates and features of these two accounts as of 9/26/2013:

Kasasa Cash rates and features if monthly requirements are met:

  • 3.05% APY on balances up...
Continue Reading
Another Bank of the West Checking Account Bonus - Certain States Only
Bank of the West

Bank of the West has again brought back its $150 checking account promotion. It looks like the same promotion they were offering February. Just like the last one, there's also a $200 bonus, but that requires a checking account with high monthly service fees that can't be easily waived. These promotions are listed on Bank of the West's home page.

Details for the $150 bonus are listed in this Bank of the West promotions page. The checking account must be opened by 8/30/2013.

To qualify for the full $150 requires the following:

  • Must...
Continue Reading
New Reward Checking and Savings Accounts at Quoin Financial Bank - SD Only
Quoin Financial Bank

Quoin Financial Bank has recently launched a reward checking and savings account under the Kasasa brand. Like most new Kasasa accounts, the rates and balance caps are not exceptional, but they are competitive. For those in South Dakota, these accounts may be appealing. The rates and features of these accounts are described in the bank’s Kasasa Cash page and in the bank’s Kasasa Saver page as of 5/24/2013:

Kasasa Cash (reward checking) rates and ATM refund policy if monthly requirements are met:

  • 2.51% APY for balances up to $15,000
  • 0.15% interest rate on...
Continue Reading
Another $150 Checking Bonus at Bank of the West - Certain States Only
Bank of the West

Bank of the West has recently brought back its $150 checking account promotion. It looks like the same promotion they were offering last summer. Just like the last one, there's also a $200 bonus, but that requires a checking account with high monthly service fees that can't be easily waived. These promotions are listed on Bank of the West's home page.

Details for the $150 bonus are listed in this Bank of the West promotions page. The checking account must be opened by 3/8/2013.

To qualify for the full $150 requires the...

Continue Reading
Bank of the West's $150 & $200 Checking Account Bonuses - Certain States Only
Bank of the West

Bank of the West has just started a new checking account promotion with a bonus of up to $150. There's also a $200 bonus, but to qualify you must open a checking account that requires a large balance to avoid a high monthly service charge. These promotions are listed on Bank of the West's home page.

Details for the $150 bonus are listed in this Bank of the West promotions page. The checking account must be opened by 8/31/2012.

To qualify for the full $150 requires the following:

  • Must open a new Easy...
Continue Reading
Competitive 5-Year CD Rate at Bank of the West in Some States
Bank of the West

Update 5/25/2012: The 5-year Premium Money Market CD rate has fallen. According to the CSR, it's now 1.65% APY (down from 1.80% APY on 5/11). This is for California. Rates may vary for other states.

It's not common to find competitive CD rates at large brick-and-mortar banks, but I found one at Bank of the West. It's offering a 2.00% APY 5-year CD. This is the bank's Premium Money Market CD which requires a $2,500 minimum deposit. The rate isn't listed online, and it may vary by state. I called the...

Continue Reading
Bank of the West's Checking Account Bonus - Certain States Only
Bank of the West

Bank of the West has just started a new checking account promotion with a bonus of up to $100. In addition, the bank will donate $25 to local schools. You can also earn another $25 by opening a credit card with the checking account. I didn't include this in the total bonus since there are many credit card bonuses that are over $25.

Bonus Details are listed in this Bank of the West promotions page. The checking account must be opened by 4/27/2012.

If you decide to give this promotion a try,...

Continue Reading
Bank of the West's $100 Checking Account Bonus - Certain States Only
Bank of the West

Bank of the West has just started a new checking account promotion with a $100 bonus that's scheduled to last until 9/16/2011. Here's the link to the offer. Unlike previous Bank of the West promotions, this one requires direct deposit. There doesn't seem to be online bill pay option. Like previous promotions, only those who reside in their market area are eligible (see below for the eligible states). The bank is still advertising a free checking account with no monthly service charges or monthly fees. This is becoming rare for...

Continue Reading
$100 Checking Account Bonus at TCF Bank in Certain States
TCF National Bank

Update 10/31/2011: The promotion has been extended. However, it now requires 15 qualifying transactions.

TCF Bank is offering a $100 cash bonus for opening a checking account and performing 10 qualifying transactions within 60 calendar days of account opening. The offer is scheduled to end on Dec 31, 2011 June 30, 2011. No direct deposit is required. This special is listed at TCF’s home page. The details are provided in this TCF promotions page. Below is the promotion’s small print:

TCF Bank also offers a refer-a-friend bonus in which you can make...



Continue Reading
Top 1-Year CD Rate at Doral Bank Direct
Doral Bank

Every now and then Doral Bank Direct offers competitive CD rates. Its latest deal is a 1-year CD with a 1.40% APY. Minimum deposit is $1,000. This is the only rate that's competitive. All the other CD rates are low. These rates are listed in the bank's CD page as of 3/29/2011.

My last report on this bank was about a year ago when they were offering a 1-year CD special. One odd thing is their requirement to close out a CD. You have to send them the original Certificate that...

Continue Reading
View Archive