Because the current Federal Reserve rates are still historically low, finding a decent rate of return on deposits is challenging. However, competitive interest rates are still out there and with Amegy Bank of Texas you can earn an astonishing 2.00% APY with a transaction account with check writing privileges. To earn this higher-than-average checking account rate the account holder must meet certain obligations. Terms include:
- Valid email address required
- Account holders must opt into and actively partake in online banking activities such as login into the account on a monthly basis and signing up to receive e-statements
- Conduct 10 signature-based transactions with Amegy Check Card on a monthly basis
- Minimum of two direct deposits (payroll, social security, retirement benefits or two ACH debits) monthly
- No monthly fees apply to earn this best checking account rate
- Rate applies to balance amounts up to $25,000
- Balances over $25,000 earn a .50% APY
- If all the terms of the account are not met, the checking account interest rate will drop to 0.05% APY
- Minimum opening of $1,000 required if opening the checking account online while a $50 minimum is needed to do so at a branch location
- FDIC Insured
Applications for this Texas based checking account can be completed, online but this particular checking account offer is also valid for accounts opened in person. Throughout the Lone Star State, Amegy Bank of Texas has more than 80 locations.
>> Interest Bearing Checking Accounts
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
