2011 High-Yield Checking Survey » Results » Colonial Savings
|Nationally offered||APY||Default APY||Debit transactions required||Bill repayment requirement||Direct deposit required||Balance cap|
|For banking area. Cash-In Account: $25 minimum to open, balance requirement fee $10 per month, minimum balance to avoid monthly fee is $500, minimum balance charge automatically waived if you are under 25, minimum balance charge waived if there is one automatic clearinghouse deposit per month, or 3 automatic clearinghouse debits per month, or 5 point of sale debit card transactions per month.
Transaction fee is $0.5 per check in excess of 15 per month, no minimum to earn interest, 50 free starter checks, 0.25 percent rate bump on Certificate of Deposit, free online banking.
Interest: 0.50 percent for $25,000-$50,000, 0.25 percent for $50,000 and higher. Interest rate is only affected by the account balance.