Explore Bankrate's 2015 High-Yield Checking Survey: Amegy Bank
Amegy Bank in Houston offers Smart Yield Checking with a relatively low annual percentage yield but with a large balance cap. Bankrate's 2015 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.
|Default APY %||0.05|
|Monthly debit transactions required||10|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.1|
Smart Yield Checking: Available nationally. Minimum average monthly balance to avoid maintenance fee: $500. Direct deposit of payroll, Social Security or retirement benefits, or 2 automatic payments per month are required. Make at least 10 net signature-based transactions with your Amegy debit card every month, or $700 monthly net spend with your Amegy personal credit card. Log in to online banking at least once a month. E-statements required with a valid email address. ATM fee refund: 6 free, non-Amegy Bank ATM transactions per statement cycle. Balance above $25,000 yields 0.1%, if requirements are met.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions from March 16 to March 25 and has displayed data on 56 high-yield checking accounts.