2014 high-yield checking: KANZA Bank
KANZA Bank in Kingman, Kansas, offers a slightly above-average annual percentage yield on its Kanza Rewards Checking and has a balance cap of only $10,000. 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: Kingman, KS
|Nationally offered? N||APY: 2%||APY if conditions not met: 0.05%||Monthly debit transactions required: 12||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $10,000|
- KANZARewards Checking: Available to Kansas and Oklahoma residents only.
- Either one direct deposit or automatic payment per month required; must receive e-statements.
- All foreign ATM fees reimbursed.
- Balance above $10,000 yields 0.50%.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions March 10-13 and reports data on 56 high-yield checking accounts offered by 54 institutions.