Coulee Bank in La Crosse, Wisconsin, offers Kasasa Cash checking, with a relatively high annual percentage yield. But it is available only to residents of Wisconsin, Iowa and Minnesota. 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: Kasasa Cash: Available in Wisconsin, Iowa and Minnesota. *Either 1 direct deposit or automatic payment per cycle is requred, as are e-statements. Balance above $15,000 yields 0.3%, if requirements are met. ATM fee refund: Up to $20 per month, if requirements are met.|
|Location||La Crosse, WI|
|Is it offered nationwide?||No|
|Number of monthly debit transactions required||10|
|Is bill pay or automatic withdrawal required?||Yes*|
|Direct deposit required?||Yes*|
|APY above cap||0.3%|
*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.