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.

TriSummitBank of Kingsport
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.
Location  Kingsport, TN
Is it offered nationwide? Yes
APY % 1.11%
Default APY 0.1%
Number of monthly debit transactions required 10
Is bill pay or automatic withdrawal required? Yes*
Direct deposit required? Yes*
E-statements required? Yes
Balance cap $25,000
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.

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