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3.51*%-$25kNavy Army Community Credit UnionLiberty Checking Share Draft
OTHER TIERS: 0.51% $25k+
1.20*%-$25kTexas Citizens BankReward Plus Checking
OTHER TIERS: 0.20% $25k+
1.00*%-$25kThe First State BankDiamond Checking
OTHER TIERS: 0.10% $25k+
Accounts mentioned in this post. Rates as of August 17, 2017.

Best High-Yield Reward Checking Accounts in Texas


The First State Bank continues to offer 4.00% APY (as of 8/24/10) on its Diamond Reward Checking Account. The rate applies to balances up to $25K if the typical reward checking requirements are met. The rate is the same as when I reviewed this account in November 2009. One thing that I just found out from the bank is that any Texas resident can apply for this account. The online application is available at the bank's Diamond Reward Checking page.

Another good deal for those in Texas continues at ViewPoint Bank. The bank is still offering 4.00% APY on balances up to $50K (see review). This used to be available nationwide, but in late July, the bank started to limit applications to just the state of Texas. If you can get through the difficult application process and if you could avoid the gotchas, ViewPoint's Absolute Checking is a very good deal since the 4.00% APY applies to balances up to $50K instead of the more typical $25K.

Some Texas residents might have access to rates even higher than 4.00% if you live near the right bank or credit union. Two examples as of 8/24/10 include the 5.01% APY reward checking account at Texas Citizens Bank in Houston (see review) and the 4.51% APY reward checking account at NavyArmy Federal Credit Union in Corpus Christi (see review). To find other good deals on reward checking accounts in Texas, please refer to the Texas reward checking accounts section at DepositAccounts.com.

High-Interest Reward Checking Accounts Outside of Texas

To find reward checking accounts in your state or that are available nationwide, please refer to the reward checking section of DepositAccounts.com.

Related Pages: checking account, The First State Bank, Houston, Victoria, San Antonio, LegacyTexas Bank (TX), Dallas, Texas Citizens Bank, Houston

Related Posts

bullrider   |     |   Comment #2
I made a mistake on Texas citizens Bank.  The reward checking account interest has dropped to 2.76%
pdxmale   |     |   Comment #4
The 2.76% rate is for accounts WITHOUT direct deposit. With direct deposit has remained at 5.01% since it's inception. Not a bad deal --- 2.25% just for a direct deposit.

I have 2 Rewards accounts there and find them to be graet to deal with.

pdxmale   |     |   Comment #5
by the way --- i direct deposit a mear $25.00 per month into each account, i suppose one could do even a smaller amount.

Pretty minimal, i would say
pdxmale   |     |   Comment #10
go to thier web page --- and look for your self ----- 5.01 with direct deposit ------
John C
John C   |     |   Comment #14
Texas Citizens indeed has two different rewards checking accounts, one with a direct deposit requirement, and the other without it...but still requiring 12 debits and 3 bill pays made thru their system...

The Plus account with direct deposit has remained at 5.01%, but the regular rewards checking without direct deposit has fallen to 2.76% for balances up to $25,000.

The address for their rates web site is here: http://www.texascitizensbank.com/rates.aspx#rew

What's not clear to me is...what will they accept in the way of direct deposits??? Only payroll/pension type deposits, or the broader recurring variety such as from another bank account?

51hh   |     |   Comment #15
Payroll/pension type for sure.
Joerg   |     |   Comment #16
Texas Citizens Bank just sent me their updated rates: The rate on the Reward Plus Checking Account, as of 12/17/10, is now 2.47%, 2.50% APY for balances of under $25,000.  For balance $25,000 and over the rate is 0.20%. Too bad...
pdxmale   |     |   Comment #17
Thanks Joerg --- at least they let you know ---i had to check thier website --- after your post.

They have been a good Bank ---sorry to see them go.

I have moved my 50K (2 accounts) to ERIE CU (at 5.12% and a cap of 25K).
Anonymous   |     |   Comment #18

I also have texas citizens and was disappointed to see the drop to 2.47. you mentioned erie cu but i only find erie fcu or erie ccu but not good rates. best i can find is viewpoint at 4%
pdxmale   |     |   Comment #19
Anonymous   |     |   Comment #20
got it, Thank you!