Hanmi Bank in Los Angeles offers a low annual percentage yield on its Bonus Checking, with a balance cap of $24,999.99. 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.
Location: Los Angeles
APY if conditions not met
Monthly debit transactions required
Bill pay or automatic withdrawal required?
Direct deposit required?
Nationally offered? N
APY if conditions not met: 0.05%
Monthly debit transactions required: 10
Bill pay or automatic withdrawal required? Y*
Direct deposit required? Y*
Balance cap: $24,999.99
Bonus Checking: Available only in California.
Either one direct deposit or automatic debit required per month.