Explore Bankrate's 2015 High-Yield Checking Survey: Royal Banks of Missouri
Royal Banks of Missouri offers 1.85 percent annual percentage yield on its Majestic Checking, but it's available only in Missouri. 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.
Royal Banks of Missouri
Location: University, MO
|Default APY %||0.15|
|Monthly debit transactions required||12*|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.4|
Majestic Checking: Available in Missouri. 1 direct deposit or automatic payment per month is required. Debit transactions must be at least $5 and be signature-based. ATM fee refund: Up to $25 per month, if requirements are met. Balance of $25,000 or more yields 0.4%, 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.