North Country Savings Bank in Canton, New York, offers 1.26% annual percentage yield on its Kasasa Cash account, but it has a high 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.
|Notes: Kasasa Cash: Available nationally. Advantage Checking: Available nationally. *Either 1 direct deposit or automatic payment is required per month. E-statements required. All ATM fees are refunded, if requirements are met. Balance above $25,000 yields 0.35%, if requirements are met.|
|Is it offered nationwide?||Yes|
|Number of monthly debit transactions required||10|
|Is bill pay or automatic withdrawal required?||Yes*|
|Direct deposit required?||Yes*|
|APY above cap||0.35%|
*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.