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2013 high-yield checking: Patriot Bank

Checking » High-Yield Checking » Survey » Patriot Bank

Patriot Bank of Trinity, Fla., north of Tampa Bay, Fla., requires 12 debit transactions per month on its Revolutionary Checking but has a relatively low balance cap. Bankrate's 2013 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.

City: Trinity, Fla.

Patriot Bank

Nationally
offered?
APYAPY if
conditions
not met
Monthly
debit
transactions
required
Bill pay or automatic withdrawal required?Direct
deposit
required?
Balance
cap
Y*1.51%0.05%12Y*Y*$10,000
Notes: Revolutionary Checking: Available nationally but needs to be opened in person or have paperwork notarized. One direct deposit or automatic payment per month required. Must log into online banking monthly.

*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.

 

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