Citizens Community Federal Bank in Altoona, Wisconsin, offers Freedom Rewards Checking, with an annual percentage yield of 2% and a high balance cap. 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.
|Notes: Freedom Rewards Checking: Available to Wisconsin, Michigan and Minnesota residents. Must be enrolled and log into online banking and enroll and receive e-statements. ATM fee refund: Up to $20 per month and $4.99 per transaction, if requirements are met. Balance above $25,000 yields 0.4%.|
|Is it offered nationwide?||No|
|Number of monthly debit transactions required||15|
|Is bill pay or automatic withdrawal required?||No|
|Direct deposit required?||No|
|APY above cap||0.4%|
*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.