"Green Rewards" High Interest Checking Account: 3.50% APY

March 29, 2011 1 Comment »

A pretty lucrative rewards checking account was sent in to us yesterday by BankVibe.com reader Airin. It’s called a “Green Rewards” checking account and comes from Hancock Bank and Trust out of Kentucky. This “Green Rewards” checking account comes with a whopping 3.50% APY for those who can meet their monthly requirements, plus it’s available online.

In today’s CD rate environment, any account yielding above 2.0% APY is remarkable and like bank deposits, this account is FDIC insured.

Summary of Account:

  • No monthly fee, no minimum balance—ever
  • Earn 3.50% APY* on balances up to $40,000
  • Earn 0.75% APY* on amount of balance above $40,000
  • Earn 0.10% APY* on entire balance if qualifications are not met
  • ATM fees refunded nationwide (up to $20 per monthly cycle)
  • Unlimited Check Writing
  • Can link to Green Rewards Savings to build savings automatically
  • Free MasterCard debit card
  • Free online banking with bill pay
  • Free e-Statements
  • Free telephone banking
  • Free first order of recycled paper checks
  • Personal accounts only
  • $100 minimum deposit to open (no minimum thereafter)
  • FDIC insured

Requirements to earn the 3.50% APY:

each month you must do the following…

  • Make 12 debit card purchases
  • Have at least one direct deposit or automatic payment
  • Receive free e-Statements

To learn more about this account or to open one online visit hancockbankonline.com.

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  • Josh Nash

    GOTTA LIVE IN KENTUCKY to be eligible…. :(