Explore Bankrate's 2015 High-Yield Checking Survey: Liberty Bank
Liberty Bank in Alton, Illinois, near St. Louis, requires one direct deposit or automatic payment per month on its Kasasa Cash account, with a balance cap of $10,000. Bankrate's 2015 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: Alton, IL
|Default APY %||0.03|
|Monthly debit transactions required||15|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.3|
Kasasa Cash: Account must be opened at a branch. Either 1 direct deposit or automatic payment is required monthly. E-statements required. ATM fee refunds: Up to $20 per month, if requirements are met. Balance above $10,000 yields 0.3%, if requirements are met.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions from March 16 to March 25 and has displayed data on 56 high-yield checking accounts.