Bank Deals Blog: Checking & Reward Checking Deals

Rising Bank, the internet division of Missouri-based Midwest BankCentre, ended last week with across-the-board rate increases, with the 15-month No Penalty (NP) CD now earning an impressive 1.75% APY. The minimum opening deposit is $1k, with no stated balance cap.

In March, Michigan-based Genisys Credit Union (Genisys) added a 7-month Share Certificate Special (SCS) offering a good, but not great APY. Genisys recently added 50 bps to the 7-month SCS, boosting the rate to 1.25% APY. The 7-month SCS can be opened with a $500 minimum deposit, with no stated balance cap.

As stated on the Savings Certificates page,

Dividends are paid and compounded quarterly and can be...

Indiana-based Evansville Teachers Federal Credit Union (ETFCU) is best known for its rewards checking account, Vertical Checking. Added to the product line more than seven years ago, Vertical Checking has been earning 3.30% APY on qualifying balances up to $20k since mid-2019.

With the exception of a few months in 2020, ETFCU CDs have not offered competitive rates, so I was surprised when I saw that the 8-month CD currently has an APY of...

Now through July 31, 2022, Teachers Federal Credit Union (TFCU) is offering cash bonuses up to $400 for new members who open a new TFCU checking account. According to the promotion page, the offers consists of two bonuses:

As stated in the fine print of the promotion page,

Smart Checking

TFCU’s Smart Checking account is a rewards checking account (RCA) that currently earns 1.00% APY on qualifying balances up to $15k....

I’ve been reporting on KeyBank checking account bonuses since 2006. KeyBank has a long history of offering checking account bonuses, many of which get extended several times before new ones are introduced. The latest KeyBank bonus offer is one of these, and it has again been extended. Now through June 17, 2022, KeyBank is offering a...

Last week, Rising Bank, the internet division of Missouri-based Midwest BankCentre, boosted the rate on its 15-month No Penalty (NP) CD from 0.65% APY to an impressive 1.50% APY. The minimum opening deposit is $1k, with no stated balance cap.

When I first wrote about the 15-month NP...

The checking bonus offered by M&T Bank that had an end-date of April 30, 2022 has been extended and is now available through July 31, 2022. The bonus is actually two bonuses: a $150 bonus when opening...

Now through October 31, 2022, TD Bank is offering a $200 bonus when opening a new TD Beyond Savings or TD Simple Savings account, depositing at least $20k of new money (not currently held in a TD Bank retail deposit account) within 20 calendar days of...

Now through June 13, 2022, US Bank is offering a $200 or $400 checking bonus when opening a new Platinum,...

Earlier this year the financial technology (fintech) company SoFi Technologies (SoFi) acquired a bank charter, SoFi Bank, N.A. Before the bank charter, SoFi had been offering a checking-like account called SoFi Money via its partner bank, The Bancorp Bank. SoFi Money has been discontinued, and now SoFi Bank, N.A. is offering a product called “SoFi Checking and Savings.” This new account combo has two appealing features for...