Bank Deals Blog: Checking & Reward Checking Deals

Missouri-based Blue Ridge Bank and Trust Co.’s (Blue Ridge Bank) recently raised the rate on its Maximum Yield (MY) Checking, which now earns 2.55% APY, on qualifying balances up to $25k. Qualifying balances of $25k+ earn 0.25% APY, with non-qualifying balances earning 0.10% APY.

Maximum Yield (MY) Checking Qualifying Requirements

• Have at least 12 debit or credit MasterCard® POS...

Ulster Savings Bank (USB) has started the week by offering a 20-month Promo CD (1.66% APY) for those customers who already have or open a new Premium 50+ Checking, VIP Checking, or Wall Street Checking account. The minimum opening deposit is $500, with a no stated balance cap.

According to CSR, the Early Withdrawal Penalty for the 20-month Promo CD is "six months...

Over the weekend, Shell Federal Credit Union (Shell FCU) raised the rates on its 60-month Share Certificate, which now earns 2.55% APY ($500 min) and 2.60% APY ($50k min).

The 60-month Share Certificate is also offered as an IRA (Traditional, Roth), earning the same APYs with the same funding requirements.

There were two rate changes for the 60-month Share Certificate in May (the first since July 2015), adding...

First National Bank (FNB) is promoting a $200 checking bonus for opening a new Easy Checking account. The Easy Checking account is a non-interest bearing account, which has no monthly service charge. Following account opening, there is no minimum daily balance requirement.

Requirements

• Open a new Easy Checking account online with a minimum $50 deposit.
• Have a recurring direct deposits (paycheck, pension, or Social Security) of $100 or more within 60 days of account...

For more than two years, United Educators Credit Union’s (UECU) Kasasa Cash account has earned 2.00% APY on qualifying balances up to $10k. Qualifying balances of $10k+ earn 0.25% APY, with non-qualifying balances earning 0.05% APY.

Kasasa Cash Qualifying Requirements

• Have at least 12 debit card purchases.
• Receive eStatements.
• Sign into online banking at least once.

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

BMO Harris Bank has unveiled a new $200 checking bonus when opening a Smart Money Account, Smart Advantage Account, or Premier Account. This promotional offer is valid now through June 30, 2017, and can be opened online, in-branch, or by phone.

Requirements

• Use or mention the promotion code when opening the new checking account.
• Have at least two qualifying direct deposits of $300 or more within 90 days of account opening.
• Qualifying direct deposits are defined...

More than two years ago, Michigan based Northpointe Bank added a new Rewards Checking Account, UltimateAccount, which earned 5.00% APY on qualifying balances up to $5k. Northpointe Bank has recently raised the qualifying balance limit to $10k, while maintaining its 5.00% APY. Qualifying balances over $10k earn 0.10% APY, with non-qualifying balances earning 0.05% APY.

Qualifying Monthly Requirements:

• At least 15 debit card purchases (the $500 minimum total is no longer required)
• Direct deposit or automatic withdrawal...

Capital Credit Union (CCU) ended the week by raising the rate on its ChaChing Checking, with qualifying balances up to $25k now earning 2.50% APY. Qualifying balances above $25k earn 0.25% APY, as do non-qualifying balances.

ChaChing Checking Qualifying Requirements

• Have at least 12 debit card purchases (minimum $5).
• At least one Direct Deposit, totaling a minimum of $400.
• Receive eStatements.
• Sign into online banking at least...

Deal Summary: Savings Account, 1.30% APY on all balances; Checking Account, 0.75% APY on all balances.

Internet savings account rates are rising. The latest evidence of this is from Flushing Bank which recently launched a new internet bank called BankPurely. It offers two products: an online savings account called SavingPurely and an online checking account called CheckingPurely. The savings account earns 1.30% APY on all balances. The checking account earns 0.75% APY on all balances. These rates are variable with no guaranteed period. Both accounts have no minimum...

Colorado-based 5Star Bank’s Kasasa product line is available nationwide. The Kasasa Cash Checking currently earns 2.00% APY on qualifying balances up to $25k. Qualifying balances of $25k+ earn 0.15% APY, with non-qualifying balances earning 0.01% APY.

Kasasa Cash Checking Qualifying Requirements

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

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