3.00% Reward Checking Account at Buckhead Community Bank in Georgia


Update 7/04/09: The top rate has fallen to 3.00% APY.

Buckhead Community Bank is offering a reward checking account called MAX Reward Checking. It pays 3.00% APY on balances up to $100,000 (1.00% for above) and refunds ATM fees if the following monthly requirements are met:
  • 10 signature based debit card purchases
  • one direct deposit or automatic payment
  • receive electronic statements
If these are not met, the rate falls to 1.01% APY. Minimum initial deposit is $100. There are no minimum balance requirements and no monthly maintenance fees.

The bank has an online application but at the bottom of the first page it states that they're not accepting applications outside the State of Georgia.

Branches are located in Atlanta, Cumming, Suwanee, Alpharetta, Sandy Springs and Gainesville. The bank has been FDIC insured since 1998 (FDIC Certificate # 34663).

Thanks to the reader who mentioned this reward checking account in the comments.

Other Reward Checking Accounts

To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.

Rate History:
08/06/09: base rate changed from 0.25% to 1.01%
07/01/09: 3.00% APY up to $100K; 1.00% over $100K
05/26/09: 4.00% APY up to $100K; 1.10% over $100K
01/21/09: 4.00% APY up to $100K; 1.00% over $100K
12/11/08: 4.00% APY up to $50K; 1.00% over $50K

Edit 7/18/09: Updated Max Reward Checking URL
Anonymous   |     |   Comment #1
Please add Sandy Springs to your branch location list. (It's listed but melts into the background.)
Banking Guy
Banking Guy (anonymous)   |     |   Comment #2
Done. Thanks.
Anonymous   |     |   Comment #3
As of 1/21/09 top cap has been increased to $100K.
Anonymous   |     |   Comment #4
Interesting: definite conflict (if requirements not met) at this date between the rate table = 1% and the intro MAX sheet = 0.25%.
Atlanta Wolf
Atlanta Wolf (anonymous)   |     |   Comment #5
Rate cut to 3.00%.
5.50% 12-Month CD at a Georgia Bank
The Buckhead Community Bank is offering a special 5.50% APY 12-month certificate of deposit. Two other special CDs include a 5% 9-month CD and a 4.50% 6-month CD. The minimum deposit is $500. This offer ends on May 31, 2006.

The bank has branches in the Georgia cities of Atlanta, Alpharetta and Sandy Springs.

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