Free Reward Checking through First Security Bank and Trust
First Security Bank and Trust is offering a “free reward checking” account through their affiliate website (conveniently named freerewardchecking.com). With this account you can earn 4.01% APY on all balances up to $25,000 and 1.00% APY on all balances above $25k. This account is available to anyone nationwide, however the interest rate is a variable one and can change at anytime without notice.
I’ve seen a few high interest checking accounts that are offered through small community banks such as First Security Bank and Trust (out of Iowa) but then redirected to an affiliate website when attempting to set up the actual account. If you visit First Security Bank and Trust’s website and try to sign up for the account you will eventually be redirected to freerewardchecking.com, which appears to be owned and operated by the bank (their logo is still present in the upper left).
Features of Reward Checking through First Security Bank and Trust:
(as seen on promo site)
- Free ATM fees
- No monthly service charges
- Free online banking
- Free bill pay
- Free check card
- And 4.01% APY
Requirements:
- 10 check card POS (point of sale) transactions
- one direct deposit or ACH auto debit
- access online banking
- receive electronic statement
