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High Interest Checking through Community Bank of Raymore, Missouri

February 25th, 2009 Posted in Rewards Checking Accounts

A high interest checking account is being offered through Community Bank of Raymore, Missouri (just outside of Kansas City, MO). Currently their Rewards Checking Account is offering a lucrative 5.01% APY on all balances up to $25,000 (0.50% APY on balances over $50k), while the national average for checking accounts sit at around 1.0% APY.

As an extra incentive they are providing free ATM use nationwide and free online banking and bill pay.

Interest Checking Account Requirements

1) Minimum of 10 debit card purchases (ATM withdrawals do not count)

2) Receive 1 direct deposit or have 1 ACH automatic debit

3) Receive your bank statement electronically

Unlike some interest checking accounts, this account has relatively easy requirements to meet. Most of us use a debit card with a frequency of at least once every three days (which essentially what is required here). And as far as the direct deposit or ACH automatic debit is concerned, this can be used to make any sort of monthly payment you incur (ie auto payment, credit card payment, insurance, etc). You will also want to pay attention to your regular E-statements as this rate is subject to change.



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3 Responses to “High Interest Checking through Community Bank of Raymore, Missouri”

  1. Kelly Says:

    I recommend the Rewards Checking account from Coulee Bank. They offer 5.01% APY and it is available nationwide. Apply online at http://www.CouleeBank.net



  2. BloggingBanks Says:

    The best thing about full filling most of the ACH deposit things is that if you link your rewards checking to your online checking account, you could send one dollar to your rewards checking account, and it will qualify as a direct deposit.



  3. ING Bank $25 Bonus Says:

    ING Bank Savings $25 bonus. Make sure your follow the rules. One time use only. Offer expires on 03/29/2009 so hurry.

    ING Bank $25 bonus link.



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