TriSummitBank of Kingsport, Tennessee, offers 1.11% annual percentage yield on its Interest Checking, with 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: Interest Checking: Nationally available. *1 direct deposit or 2 uses of bill pay per month is required. E-statements are required. Balance above $25,000 yields 0.2%, if requirements are met. ATM fee refund: Unlimited if requirements are met; up to 8 per cycle if requirements aren’t 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||0.2%|
*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.