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Explore the 2012 High-Yield Checking Survey

Checking » High-Yield Checking » Credit Unions

Bankrate surveyed 158 banks, thrifts and credit unions to find the best high-yield checking accounts that have a rewards offering across the country. This year, 57 institutions offer such accounts.

This chart breaks down the interest rates offered on rewards checking accounts as well as the accounts' restrictions, requirements and other variables.

Institution nameNationally offered?APYMonthly debit transactions requiredBalance cap
Advantage Plus FCUY*2.25%12$15,000
BECUN6.17%1$500

Connexus Credit Union, Xtraordinary

Y2.00%15$25,000
Connexus Credit Union, MyRewardsY1.75%10$25,000
Consumers Credit UnionY4.09%12$10,000
First New England FCUY1.52%12$15,000
First Tech FCU (formerly Addison Avenue FCU)Y2.57%12$10,000
Lake Michigan Credit UnionY3.00%10$14,999.99
MidWest America FCUN2.31%10$15,000
Pacific Resource Credit UnionY2.27%10$15,000
Provident Credit UnionN2.26%10$25,000

**ACH, short for "automatic clearinghouse," is the system used by U.S. banks to process a wide range of financial transactions, including automatic bill payment and direct deposit.

Bankrate.com surveyed 158 banks, thrifts and credit unions from April 11 to April 18 and has displayed data on 57 high-yield checking accounts offered by those institutions.

 

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Savings Overnight Averages
Product Yield +/- Last week
MMA
0.48% 0.49%
$10K MMA
0.47% 0.48%
MMA jumbo
0.61% 0.62%
Interest checking
0.51% 0.51%
Compare rates:
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