Bank of Blue Valley in Overland Park, Kansas, offers Ultimate Checking, with an annual percentage yield of 1.25%. 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: Ultimate Checking: Available nationally. *1 direct deposit or automatic payment and at least $1,000 in signature-based transactions required per month for a 1.25% yield. Amounts above $15,000 yield 0.1%, if requirements are met. *1 direct deposit or automatic payment and $300 to $999.99 in signature-based transactions required per month for a 0.75% yield. Amounts above $15,000 yield 0.1%, if requirements are met. ATM fee refund: Up to $15 per month, if requirements are met.|
|Location||Overland Park, KS|
|Is it offered nationwide?||Yes|
|Number of monthly debit transactions required||Tier 1:
$1,000 per month
$300-$999.99 per month
|Is bill pay or automatic withdrawal required?||Yes*|
|Direct deposit required?||Yes*|
|APY above cap||0.1%|
*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.