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Checking Account Cambridge Savings Bank
Checking » High-Yield Checking » Survey » Cambridge Savings Bank
High-Yield Checking Cambridge Savings Bank |
| Nationally offered? | APY | Default APY | Debit transactions required? | Bill pay or withdrawal option? | Direct deposit required? | Balance cap |
| N | 2.00% | 0.05% | 10 | N | Y | $25,000 |
| Notes: SuperSmart Checking -- Only available to Massachussetts residents; 10 non-ATM debit transactions per month and direct deposit required for bonus APY. |
Note: ACH, short for "automatic clearinghouse," is the system used by U.S. banks to process a wide range of financial transactions, including automatic bill payment and direct deposit.
Bankrate.com surveyed 158 banks, thrifts and credit unions from April 11 to April 18 and has displayed data on 57 high-yield checking accounts offered by those institutions.