West Texas National Bank of Midland, Texas, offers a low annual percentage yield on its Ultimate 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: Ultimate Checking: Available nationally. *1 direct deposit, 1 debit card payment or 1 bill payment is required. Must log in to online banking once a month and receive e-statements. ATM fee refund: Up to $20 per month, if requirements are met. Balance above $25,000 yields 0.25%, 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||0.25%|
*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.