Noble Bank & Trust is offering a reward checking account called Noble Horizons which pays 4.05% APY on balances up to $25,000 (1.01% for above) and refunds ATM fees if the following monthly requirements are met: 1) 12 debit card transactions, 2) one direct deposit or ACH auto debit, and 3) receive electronic statements. If these are not met, the rate falls to 0.25%. The minimum opening deposit is $100. There are no monthly fees or minimum balance requirements.
It appears likely to require a branch visit. http://noblebank.com/locations.html">Branches are located in Anniston and Oxford, Alabama which are located about 40 miles east of Birmingham. The bank is FDIC insured (The Bank Find tool at the FDIC is currently down).
Other High Yield Reward Checking Accounts
Please see my reward checking overview for general information and a history of these reward checking accounts. For other reward checking accounts please see my list of reward checking accounts around the nation and the best checking account post.
03/31/09: 4.05% APY
06/08/08: 5.01% APY
02/18/08: 6.01% APY