Heartland Bank in Bryant, Arkansas, offers an annual percentage yield of 2% on its advanced Interest Plus + Cash Back Account, but sticks to a middling balance cap. 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.

Heartland Bank
Notes: Interest Plus + Cash Back: Available in Arkansas. *Either 1 direct deposit or automatic payment is required per month. Must access online banking monthly and receive e-statements. Debit transactions must be at least $5. ATM fee refund: Unlimited, if requirements are met. Balance of $15,001 or above yields 0.5%, if requirements are met. Premium tier requires 25 debit transactions, earns 3% and receives 0.25% cash back on debit card purchases of $50 or more, with a maximum of $250 per month.
Location Bryant, AR
Is it offered nationwide? No
APY % 2%
Default APY 0.05%
Number of monthly debit transactions required 10
Is bill pay or automatic withdrawal required? Yes*
Direct deposit required? Yes*
E-statements required? Yes
Balance cap $15,000.99
APY above cap 0.5%

*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.

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