Consumers looking for a high rate of return on deposited money should consider a rewards checking account. Many checking account rates currently have higher yields then regular savings accounts and the option from First Chicago Bank and Trust is one of them. The Chicago based financial institution has one of the best checking account rates currently available. Their 4.07% APY far exceeds the national average interest rates so if you are looking for complete check writing privileges and a high rate of return you need to know:
- $1 minimum opening balance amount
- APY rate applies to checking account balances ranging from $1-$15,000
- Balance amounts exceeding that amount will earn .50% APY
- Minimum balance of $500 required to avoid monthly fee
- Monthly fee is $10
- Customers must opt into and actively use online banking and e-statements to qualify for rates
- Depositors must conduct 12 debit card and/or signature based (point of sale) transactions
- Two direct deposit or automated clearing house (ACH) must be linked directly to checking account
- Valid email address required to qualify for offer
- Rates are subject to change at banks discretion
- FDIC insured
With over 100 years of combined experience, First Chicago Bank and Trust has dedicated their efforts to being Chicagoland’s leading commercial bank. Applications for the First Access Checking Accounts can be completed online. The financial institution has eight branches throughout Illinois with options in Bloomingdale, Chicago, Elgin, Itasca, Norridge and Park Ridge.
>> High Yield Checking Accounts
Current First Chicago Bank and Trust CD Rates
- 6 Month CD Rate – First Chicago Bank and Trust
- 12 Month CD Rate – First Chicago Bank and Trust
- 2 Year / 24 Month CD Rate – First Chicago Bank and Trust
Other First Chicago Bank and Trust Rates
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.
