Explore Bankrate's 2015 High-Yield Checking Survey: BankGloucester
Massachusetts-based BankGloucester's Reward Checking has a 1.51 annual percentage yield with a high 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.
Location: Gloucester, MA
|Default APY %||0.1|
|Monthly debit transactions required||10|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.25|
Reward Checking: Available nationally but must be opened at a branch. Either 1 direct deposit or automatic payment is required per month. Balance above $25,000 yields 0.25%, if requirements are met. ATM fee refund: Unlimited, if requirements are met. For ATM fees over $4.99, receipts must be handed into the branch for reimbursement.
*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.