Community Bank of Pleasant Hill’s Rewards Checking Account
March 6th, 2010 Posted in high interest checking accounts
Another high interest checking account came in to our inbox yesterday – this time from Community Bank of Pleasant Hill, based out of Missouri. As of last December any member of Community Bank of Pleasant Hill can receive 2.51% APY on checking account balances of $0 – $25,000 as long as the given criteria are met. This account, while lucrative, is providing lower returns than most of the rewards checking accounts we’ve covered in the past. If you’re in the market for one of these accounts and are not yet a member of Community Bank, I’d suggest searching through our archives for “best checking accounts in Missouri” to compare this offer to other similar accounts.
Details of Rewards Checking with Community Bank of Pleasant Hill:
- 2.51% Annual Percentage Yield (APY) paid on balances between one penny and $25,000, and 0.50% APY paid on all amounts above $25,000 each monthly cycle the minimum requirements are met.
- To qualify for the higher rate the account must be enrolled for E-Statement, have one direct deposit or ACH transaction and have 10 debit card transactions post per cycle.
- If you do not meet the requirements per cycle, your account will still function as a free checking account earning 0.10% APY.
- Interest rates were effective December 31st, 2009.
- They may change the interest rate and APY at any time after the account is opened without notice.
- Fees may reduce earnings.
- No monthly service charge.
- No minimum balance required.
- Must deposit a minimum of $100 to open this account.
- ATM fees incurred at non-Community Bank machines anywhere in the U.S. will be refunded if the requirements are met.
- Rewards Checking is available to personal accounts only and has a limit of one account per customer.
