Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.
POSTED ON THURSDAY, NOVEMBER 30, 2017 BY KEN TUMIN
Deal Summary: High Yield Checking, 2.53% APY on qualifying balances up to $25k.
Availability: Market area includes nine northern New Jersey counties and the New York Boroughs of Brooklyn and Staten Island.
At the beginning of the week, Kearny Bank raised the rate on its High Yield Checking (HYC) to 2.53% APY on qualifying balances up to $25k. Qualifying balances of $25k+ earn 0.25% APY, with non-qualifying balances earning 0.05% APY.
I wrote about the HYC two years ago, when the APY was increased to 2.01%....
Deal Summary: EarnMore Account (checking), 1.50% APY on balances up to $250k.
At the beginning of the year, I wrote about MemoryBank, Republic Bank & Trust Company’s (Republic Bank) new internet division. MemoryBank initially only offered a single product, the EarnMore Account, which is a high-yield rewards checking account (RCA). When the EarnMore Account was first introduced, its APY was 1.50% on qualifying balances up to $250k, but that rate included a 0.50% APY bonus for the first year. According to a recent email...
Deal Summary: Kasasa Cash, 4.08% APY on qualifying balances up to $15k.
Availability: Arkansas and Mississippi
Yesterday, First Financial Bank (FFB) raised the rate on its Kasasa Cash to 4.08% APY on qualifying balances up to $15k. Qualifying balances over $15k earn 0.50% APY, with non-qualifying balances earning 0.05% APY.
I first wrote about FFB’s Kasasa Cash account nearly four years ago. At that time, the newly added Kasasa Cash account earned 3.00% APY on qualifying balances up to $15k and was available nationwide. The...
Deal Summary: MyCash Checking, 2.50% APY on qualifying balances up to $20k.
Availability: Market area includes Henderson, Kaufman, and Smith Counties, Texas.
It’s no secret that banks and credit unions frequently add new products, eliminate old ones, and even change the name of an existing account. That’s what has happened with Citizens State Bank’s (CSB) rewards checking account. In September 2014, DA member cumulus noted that CSB’s MyCash Checking account earned 5.00% APY, with a $10k cap. Sometime after cumulus’ Forum post, the account name...
POSTED ON WEDNESDAY, NOVEMBER 8, 2017 BY KEN TUMIN
Deal Summary: Performance Checking, 2.73% APY on qualifying balances up to $20k.
Availability: Individuals who live, work, attend school, or worship in the District of Columbia; employees of the Department of Commerce or NOAA.
Department of Commerce Federal Credit Union’s (DOCFCU) new rewards checking account, Performance Checking, earns 2.73% APY on qualifying balances up to $20k. Qualifying balances over $20k and non-qualifying balances do not earn any interest.
Have at least 12 debit card purchases totaling a minimum of $100
POSTED ON WEDNESDAY, NOVEMBER 1, 2017 BY KEN TUMIN
Deal Summary: Choice Checking, 3.00% APY on qualifying balances up to $15k.
Availability: Easy membership requirement
Signature Federal Credit Union’s (Signature FCU) Choice Checking account has been earning 3.00% APY on qualifying balances up to $15k, since it was introduced in April 2015. Qualifying balances of $15k+ earn 0.10% APY, as do all non-qualifying balances.
Direct Deposit(s) totaling at least $1k each month
Enroll and receive e-statements
At least 10 debit card purchases each month
The Choice Checking account has no minimum balance requirement or opening deposit requirement,...
Availability: Market area is Southeastern Pennsylvania.
Earlier this month, Harleysville Bank raised the rate on its 24-month CD (2.01% APY). The minimum opening deposit is $500, with no stated balance cap. The 165 bps increase is the first increase since the 24-month CD was added in December 2011; for more than four years, the rate was only 0.36% APY.
The 24-month CD is also offered as an IRA (Traditional, Roth, CESA), earning the same APY with...
Deal Summary: Umbrella Checking, 2.25% APY up to $25k.
Availability: Residents of Franklin, Hampshire, and Worcester Counties, Massachusetts.
This week, Athol Credit Union (ACU) announced the addition of a new rewards checking account – Umbrella Checking, which earns 2.25% APY on qualified balances up to $25k. Qualified balances over $25k earn 0.50% APY, with non-qualifying balances earning 0.10% APY.
Have at least 12 debit card purchases
At least one direct deposit per statement cycle
The Umbrella Checking account has no monthly service fee, no minimum balance requirement,...
Deal Summary: Kasasa Cash, 3.00% APY, on qualifying balances up to $30k.
Availability: Residents of Lancaster and Seward Counties, Nebraska; employees/members of 20 SEGs.
More than two years ago, Liberty First Credit Union (Liberty First CU) began offering a Kasasa Cash account. Before the Kasasa Cash’s first anniversary, its APY and qualifying balance cap were raised (2.50% APY, up to $25k). Liberty First CU started this week by not only raising the rate (3.00% APY) but increased the balance cap to $30k. Qualifying balances over $30k...