65

Vote
info Tell us what you think! Your votes help other users find the best offers

5.01% APY No Fee Checking Account

Offered by: First Banking Center

36 comments | Comment on this offer


Details

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

Comments

36 Total Comments

Initial deposit is $100 not $1.

Reply

mdahlin 1 year ago

Fixed. Thank you.

CK Moderator

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.

Reply

bjerwin99 1 year ago

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.

Reply

leosantore 1 year ago

Checkingfinder is a good product

CK Moderator

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

Reply

klawsteve 1 year ago

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

CK Moderator

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.

Reply

barryhurst 1 year ago

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

Reply

Ananyo 1 year ago

Comment On This Offer


Submit Your Comment
Receive Comments Email Alerts

We'll alert you when a comment or reply is posted to this offer .