See All Karma Offers

Karma Offers

5.01% APY No Fee Checking Account

36 comments

Offered by:
First Banking Center
See all offers from First Banking Center

Unfortunately, this offer has expired.

Here are related offers of interest:

First Banking Center is offering a checking account with 5.01% APY on balances under $25,000 with no ATM fees, no minimum balances, and no service charges. Please read requirements.

Requirements to Qualify

Make at least 10 Check-Mate Card purchases (excluding ATM transactions
Receive a monthly electronic statement
One direct deposit or ACH auto debit
$100 minimum initial opening deposit

Benefits

No minimum balance requirement
No monthly service charges
Unlimited check writing with no per check fees
Free check safekeeping required
Interest is credited to the account monthly, based on the following tiers:
On balances from $0 - 25,000
On balances from $25,001 and over OR base rate for all balances if requirements are not met
24-hour account access via Internet available
24-hour account access via telephone
Overdraft Privilege program attached
Direct Deposit available

Comment on Offer Receive Comment Email Alerts Send to a Friend Print Offer

USER COMMENTS(36)

Ananyo
Jun 22
9:47 am

The Rewards Checking is not FDIC insured according to online documentation....any comments on that?

barryhurst
Jun 8
12:28 am

Rate is reduced to .5% for balance above $25,000. If any requirements are not met in a month the rate is .1%.

10 debit card transactions each month may be difficult for some.

klawsteve
May 12
4:25 pm

Does anybody know exactly what a 'Check-Mate Card' and a 'Check-Mate Card transaction' are? Since one needs to make 10 of these purchases per month, it is critical to know whether or not there is a fee associated with them.

-s

CK Moderator

I believe that is their debit card but someone else may know better.

leosantore
May 6
8:34 pm

Since I don't want to drive to WI because I am also in PA. I went with Malvern Federal Savings ang got 5.01% on up to $35000.00 and only had to drive 20 miles. Found them on http://www.CheckingFinder.com.

CK Moderator

Checkingfinder is a good product

bjerwin99
May 3
2:32 pm

So far so good. Requiring the 10 debit transactions per month to qualify is a little annoying, but well worth it to get 5%! If you prefer to bank locally you can just go to checkingfinder.com, look at the national directory to find banks in your state, and see which ones have a similar offer.

mdahlin
Apr 28
3:55 pm

Initial deposit is $100 not $1.

CK Moderator

Fixed. Thank you.

JuggaloJer
Mar 15
8:04 pm

they want you to go into the branch im in pa they are in wa

smsaenz
Mar 12
1:54 pm

If you go to CheckingFinder.com and put in your zip code it'll pull up banks that have these high interest rate accounts. It'll show you how much you'll earn at each bank and then let you Apply and fund the account ONLINE!

HiJax
Mar 11
2:45 pm

The requirements seem OK - until you find that you must make at least 10 card purchases! :<(

doevalley
Mar 10
3:01 am

I opened my account on line on 2/26/2009. The whole process took less than 15 minutes. As of 3/08 2009 I have received and returned my signature card,my debit card and 34 cents interest. I have called them twice without incurring any type of charges. Also guess what, when you call a real person answers the phone. It doesn't get any better than that. By the way I live in Florida, so everything was done on line. I would recommend this bank to anyone and everyone.