Earn 4.0% APY with this high yield checking account
November 10th, 2009 Posted in Checking Accounts
Here is another fairly nice high yield checking account, this time offered through Lake Michigan Federal Credit Union. Their “Max Checking Account” provides an interest rate of 4.0% APY on all deposits up to $15,000. And although they are located in Michigan, they open their doors to potential customers nationwide.
Here are the details:
- It’s free – there are no fees, and no minimum balance requirements.
- 4% APY* on balances up to $15,000.
- Up to $15 per month in surcharge ATM withdrawal fee refunds.
- Four monthly usage requirements:
- Direct deposit into your LMCU account
- Minimum of 10 debit card purchases
- Minimum of 4 logins to home banking
- Sign up to receive eStatements/eNotices
- FREE MasterCard Debit Card
- Unlimited check writing
- No per check fees
- FREE Online Banking
- FREE Phone Banking
- $2.00 a pack up to $10.00 for unused checks from your former financial institution
- Direct Deposit with FREE automatic transfers
- FREE Online Bill Pay with Direct Deposit (a savings of $5.95/month)
- FREE 24-hour access to your funds with:
- ATMs
- Debit Card
- Bill Pay
To learn a little more about these high yield checking accounts (sometimes called rewards checking accounts), visit our interest checking page to see what is typically required every month to earn the advertised interest rates.
