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.
Deal Summary: High Interest Checking, 2.25% APY up to $15k, available on April 1, 2017.
Availability: Residents of Quad City area (Iowa/Illinois).
On April 1, Vibrant Credit Union (Vibrant CU) will be debuting five new checking accounts, including its High Interest Checking account, which earns 2.25% APY on qualifying balances up to $15k. Qualifying balances above $15k earn 0.01% APY, with non-qualifying balances not earning any interest.
Deal Summary: Kasasa Cash checking, 2.50% APY up to $50k.
Availability: Residents of 12 Texas counties; 100+ SEGs.
Neighborhood Credit Union (Neighborhood CU) recently doubled the maximum qualifying balance cap to $50k on its Kasasa Cash (2.50% APY). Qualifying balances of $50k+ earn 0.20% APY, with non-qualifying balances earning 0.01% APY.
The previous $25k balance cap had been in effect since early 2013, when it was raised from $15k. The 2.50% APY has remained unchanged throughout the life of the account.
Deal Summary: Vertical Dividend Checking, 3.00% APY up to $15k
Availability: Easy membership requirement
Evansville Teachers Federal Credit Union’s (ETFCU) high yield reward checking account, called Vertical Dividend Checking, was added to the product line more than two years ago. The initial 3.00% APY on qualifying balances up to $15k has been effect since its introduction. No dividends are paid on balances over $15k or on non-qualifying balances.
Availability: Kasasa Cash and Kasasa Saver are available to all Georgia residents.
Last June, I wrote about Newton Federal Bank’s new Kasasa Cash account, which earns 2.25% APY. At the time, the maximum qualifying balance was $25k, but the Bank has recently increased that balance cap to $50k. Qualifying balances over $50k earn 0.25% APY, with non-qualifying balances earning 0.03% APY.
Kasasa Cash, 2.27% APY on qualifying balances up to $35k
New Buffalo Savings Bank (NBSB) has added a 24-month Bump Rate CD (1.75% APY) that allows for one rate increase during the life of the CD. The minimum opening deposit is $1k, with no stated balance cap.
As stated on NBSB’s Personal Savings page, the Early Withdrawal Penalty reads as follows:
Early withdrawals result in 6 months of interest in penalties.
Deal Summary: Kasasa Cash, 2.25% APY up to $25k; Kasasa Saver, 1.00% APY up to $100k
Availability: Market area is the greater metropolitan Chicago
Lakeside Bank has added a Kasasa Cash account that earns 2.25% APY on qualifying balances up to $25k. Unlike many other banks, Lakeside Bank’s Kasasa Cash does not earn any interest on qualifying balances of $25k+ or on non-qualifying balances.
UPDATE 3/10/2017: Extended through March 31, 2017.
Deal Summary: $50, $200, or $300 Virtual Wallet Bonus
Availability: AL, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI, WV, and the District of Columbia.
PNC Bank is again offering a variety of bonuses in connection with its Virtual Wallet product line. New checking accounts, opened between now through March 31, 2017, can earn $50, $200, or $300, depending on which Virtual Wallet account is opened.
UPDATE 3/18/2017: Offer extended through April 1, 2017. The fine print on the promotion page now reads, "This is an exclusive, nontransferable offer. This is only available to Wells Fargo retail store private label credit card customers who received our direct mail for this offer."
UPDATE 3/7/2017: Offer extended through March 24, 2017. The target language noted in the 2/1/2017 Update has been removed. I have added some new information, which is italicized.
UPDATE 2/20/2017: Offer extended through March 3, 2017.
UPDATE 1/24/2017: Extended through April 14, 2017.
Deal Summary: $150 or $300 checking bonus; opening deposit must be new money.
Availability: Market area includes Arizona, California, Colorado, Iowa, Idaho, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin, and Wyoming.
Now through March 3 April 14, 2017, Bank of the West (BotW) is offering two checking bonuses: $150 Easy Checking bonus and $300 Premier Checking bonus.
$150 Easy Checking Bonus Requirements
Open an Easy Checking account with a minimum deposit of $100 of...