KANZA Bank in Kingman, Kansas, offers a slightly above-average annual percentage yield on its KANZA Rewards Checking, but has a balance cap of only $10,000. 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: KANZA Rewards Checking: Available to Kansas or Oklahoma residents. *Either 1 direct deposit or automatic payment required per month. Must receive e-statements. All ATM fees are reimbursed, if requirements are met. Balance above $10,000 yields 0.5%, if requirements are met.
Location Kingman, KS
Is it offered nationwide? No
APY % 2%
Default APY 0.05%
Number of monthly debit transactions required 12
Is bill pay or automatic withdrawal required? Yes*
Direct deposit required? Yes*
E-statements required? Yes
Balance cap $10,000
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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