Bank Deals Blog: Checking & Reward Checking Deals

In yesterday’s blog post about Rewards Checking Accounts (RCA), one of the RCAs featured was the Market USA Federal Credit Union (Market USA) VIP Free Checking (Platinum Tier). I last wrote about the VIP Free Checking in 2018 and the rate at that time is still in effect today: 3.01% APY...

There’s a reason there have been so many rewards checking account blog posts in the last week: tomorrow begins a new month (and a new quarter) and I expect there will be many CD rate changes. It didn’t make much sense to write about CD rates that would probably change within days of a blog post being...

Chicago-based Devon Bank's Kasasa Cash account currently earns 3.50% APY on qualifying balances up to $10k. Qualifying balances over $10k earn 0.50% APY, with non-qualifying balances earning 0.05% APY.

When I first wrote about Devon Bank’s Reward Checking account in 2009, the rate was 4.15% APY on qualifying balances up to $20k and was only available in the Chicago area....

I first wrote about Gibsland Bank & Trust’s (GBT) then-new GBT Hometown Rewards Checking account about seven years ago. At that time, the rate was 4.11% APY on qualifying balances up to $15k, with only the residents of North Central Louisiana eligible to open an account. While many reward checking accounts have experienced declining APYs and lowered balance caps in the past few years, GBT Hometown Rewards Checking has not only...

Peoples Bank's Kasasa Cash checking account currently earns 3.50% APY on qualifying balances up to $20k. Qualifying balances above $20k earn 0.25% APY, with non-qualifying balances earning 0.05% APY. Kasasa-brand products were introduced into Peoples Bank’s product line in late December 2019.

With no direct deposit required, the statement cycle qualifications consist of,

• At least 12 debit card purchases.
• Be enrolled in and agree to...

Iowa-based Farmer Trust & Savings Bank’s (Farmers Bank) Free Kasasa Cash checking account currently earns 3.00% APY on qualifying balances up to $25k. Qualifying balances above $25k earn 0.25% APY, with non-qualifying balances earning 0.05% APY. Farmers Bank began offering Kasasa-brand products in October 2019 as part of its market area expansion.

The qualification cycle requirements include,

• At least 12...

It’s been ten years since I last wrote about NavyArmy Community Credit Union’s (NavyArmy) Liberty Checking account. This rewards checking account currently earns 3.01% APY on qualifying balances up to $25k. Qualifying balances over $25k earn 0.50% APY, with non-qualifying balances earning 0.10% APY.

The Liberty Checking account was added to NavyArmy’s product line in 2009, with an initial rate of 4.51% APY. While the qualifying balance cap...

I’ve never written a blog post about any product offered by Chicago-based Financial First Credit Union (FFCU). When I posted about FFCU’s easy membership FOM in 2017, I mentioned that there weren’t any blog-worthy products at the time. That has changed. The newly added Kasasa Cash Checking account currently earns 3.50% APY on...

Security Bank of Crawford (Security Bank) is one of a handful of Texas-based banks that is offering Kasasa brand products statewide. The Kasasa Cash account currently earns 3.00% APY on qualifying balances up to $15k. Qualifying balances over $15k earn 0.25% APY, with non-qualifying balances earning 0.05% APY.

Security Bank began offering the Kasasa Cash account about a...

In mid-March, Michigan-based Main Street Bank lowered the rate and balance cap on its Free Kasasa Cash Checking (Kasasa Cash) account to 2.00% APY on qualifying balances up to $15k. Qualifying balances over $15k earn 0.25% APY (unchanged), with non-qualifying balances earning 0.05% APY.

While the lowered APY decreases the competitiveness of the Kasasa Cash account, when you consider the combined rates and...