Bank Deals Blog: Checking & Reward Checking Deals

Now through December 31, 2017, Camden National Bank (CNB) is offering up to $300 in checking bonuses when opening any of three checking accounts with Direct Deposits of at least $500 during the second statement cycle. The amount of the bonus is dependent on which checking account is opened.

• $100 bonus when opening a new Simple Promise checking account.
• $200 bonus when...

The summer solstice occurs next week and Ferguson Federal Credit Union (Ferguson FCU) is marking the beginning of summer with a 24-month CD Special (2.00% APY). The minimum opening deposit is $1k, with no stated balance cap.

According to CSR, no partial withdrawals are permitted: the only way...

At the beginning of May, the APY on Nationwide Bank’s Member Checking was increased by 50 bps; that was the first rate increase since the account was introduced in September 2013. Another 15 bps were added yesterday, resulting in a 1.15% APY for balances of $10k+. Balances up to $9,999.99 earn 1.00% APY.

One interesting thing to note is that this checking account rate is currently much higher than the rates...

Michigan-based Northpointe Bank recently introduced a 15-month CD Special (1.50% APY). The minimum deposit is $1k, with no stated balance cap.

As stated in the Deposit Accounts Disclosures, the Early Withdrawal Penalty reads as follows:

For CD Terms of 1 year but less than 3 years the
penalty is 90 days interest on principal amount withdrawn.

Ultimate Savings

Last September, Northpointe Bank added its UltimateSavings, which earns 1.12%APY on balances of $10k+, with a rate guarantee for “at least...

Colorado-based FirstBank has extended its long-running $200 Anywhere Account checking bonus through July 7, 2017.

Requirements

• Open a new Anywhere Account online or in-branch now through July 7, 2017.
• Have a single direct deposit (paycheck, pension, or Social Security that is new to FirstBank) of $500 or more within 60 days of account opening, OR
• Have at least ten debit card transactions totaling at least $500 within 60 days of account opening.

Limitations

• Not available...

Kansas-based Security State Bank is offering its Kasasa product line nationwide. The Kasasa Cash account currently earns 3.00% APY on qualifying balances up to $10k. Qualifying balances of $10k+ earn 0.25% APY, with non-qualifying balances earning 0.01% APY.

Kasasa Cash Qualifying Requirements

• Have at least 12 debit card purchases.
• Enroll in and receive eStatements.
• Enroll in and log into online banking.

The Kasasa Cash account has no monthly service or minimum...

Clifton Savings Bank, better known as CSBK, added a new checking account, Rate Raiser™, earlier this month. This new account has an “Intro Rate” of 1.30% APY that is guaranteed for six months following account opening on the entire balance. The minimum opening deposit is $25k of new money, which is defined as “funds which have not been on deposit at CSBK for the past...

Patriot Federal Credit Union’s (Patriot FCU) Dividend Checking account earns 2.00% APY up to $20k, but it’s not structured like the vast majority of Rewards Checking accounts. While stated APYs are usually dependent of meeting a variety of qualifying transactional requirements, the Dividend Checking account only requires a $2.5k minimum balance to earn the 2.00% APY.

Heritage Community Credit Union (HCCU) has added a new Kasasa Cash account that earns 2.25% APY on qualifying balances up to $25k. Qualifying balances of $25k+ earn 0.1998% APY, with non-qualifying balances earning 0.05% APY.

Monthly Kasasa Cash Qualifying Requirements

• Have at least 12 debit card purchases.
• Sign into ehccu-online, Mobile ebanking, or text banking at least once.

The Kasasa Cash account has no monthly service fee or minimum balance requirement,...