Rewards Checking Account with 5.01% APY through Coulee Bank
February 20th, 2009 Posted in Rewards Checking Accounts, high interest checking accounts
Thanks to BankVibe reader Kelly who pointed out an amazing 5.01% APY checking rate with Coulee Bank of Wisconsin. Currently Coulee bank is offering all customers a 5.01% APY on balances up to $25,000 (1.01% interest rate on balances above $25k).
Although Coulee Bank is located in Wisconsin this deal is available to customers nationwide!
High Interesst Checking Account Qualifications
- Make 10 debit card point-of-sale transactions per qualification cycle (just say/press credit unless you want cash back).
- Sign up to receive E-Statements (you would want to do this any because their interest rates are subject to change without notice)
- Set up one direct deposit or auto debit monthly.
Terms and Conditions
- Your interest rate and APY may change at any time.
- Interest begins to accrue no later than the business day we receive credit for the non-cash items (for example, checks).
- Interest is compounded monthly. Interest will be credited to your account on the last day of each statement cycle.
- Coulee Bank uses the daily balance method to calculate the interest in your account. This method applies a daily periodic rate to the principal in the account each day.
- You must deposit $50 to open this account.
