RateAPY

Checking Accounts with High Interest Rates Are a Find

Posted by: RateAPY Bank Rates News
May 17th, 2010

In today’s economy, we are all looking to earn more interest on our hard-earned cash. If you are living on a tighter budget these days, you may have a lot of your money parked in your checking account to cover automatic withdrawals each month. What if that money could work for you, earning 4.01% interest while it sits there waiting its turn to be withdrawn from your account to cover your monthly expenses?

Rewards Checking with First Security Bank

First Security Bank and Trust Company, headquartered in Iowa, is committed to providing new products to serve its customers’ needs. To that end, they are offering their Reward checking account to Iowa and Minnesota customers with no monthly fee and an annual percentage yield (APY) of 4.01% on balances of less than $25,000. That’s perfect for customers who like to maintain a certain cushion of cash in the checking account.

Online banking and bill pay, free ATM withdrawals, and a free debit card make it easy to do your usual banking while raking in the high interest. It’s like found money if you do a monthly minimum of 10 point-of-sale debit transactions, at least one direct deposit or ACH withdrawal, receive electronic statements, and use online banking once or more. Open an account with only $25, and you are on your way to making money for doing your usual banking!

If you are not an Iowa or Minnesota resident, or you just want to make sure this is the right account for you, why not compare checking account rates online?