2014 high-yield checking: City National Bank
City National Bank in Taylor, Texas, offers Free Reward Checking, with a below-average annual percentage yield, but it does not have a balance cap. Bankrate's 2014 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.
City National Bank
Location: Taylor, TX
|Nationally offered? N||APY: 0.20%||APY if conditions not met: 0.01%||Monthly debit transactions required: 10||Bill pay or automatic withdrawal required? N||Direct deposit required? Y||Balance cap: None|
- Free Rewards Checking: Available in all states except Florida, California, New York and Pennsylvania.
- Direct deposit and e-statements are required monthly. Interest is paid on entire balance.
- ATM refund: Unlimited.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions March 10-13 and reports data on 56 high-yield checking accounts offered by 54 institutions.