Pocatello, Idaho-based Advantage Plus Federal Credit Union offers Free Reward Checking with an annual percentage yield of 2.05% if certain conditions are met. Bankrate’s 2016 High-Yield Checking Survey breaks down the returns you can get with each account and the hoops you’ll have to jump through to get them.

Advantage Plus Federal Credit Union
Notes: *Free Kasasa Cash: Available nationally only if a family member is already a member (and lives in Bannock, Bear Lake, Caribou or Power counties in Idaho). *Have at least 12 debit card purchases post and settle, at least 1 automatic payment, direct deposit or bill pay transaction post and settle. Access online banking. Receive and review e-statements. ATM fee refund: Up to $25 per statement cycle (if requirements are met). ATM receipt must be presented for reimbursement on an individual fee of $5 or higher. Amounts over $15,000: 0.38% (if requirements are met).
Location Pocatello, ID
Is it offered nationwide? Yes*
APY % 2.05%
Default APY 0.05%
Number of monthly debit transactions required 12
Is bill pay or automatic withdrawal required? Yes*
Direct deposit required? Yes*
E-statements required? Yes
Balance cap $15,000
APY above cap 0.25%

*See notes section for more details.

Bankrate.com canvassed banks, thrifts and credit unions Feb. 16-22, 2016, and displays data on 56 high-yield checking accounts.

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