Mutual First Federal Credit Union located in Nebraska is currently offering a rewards checking account at 4.01% APY for residents in the Omaha area. For balances up to $25,000 the 4.01% APY applies - that is if all monthly requirements are met. If the balance is over $25,000 the 1.01% APY then applies. And if monthly requirements are not met the default base rate is 0.10%. This is a great rewards checking account as it has unlimited ATM fee refunds anywhere in the country – this is great if you tend to do a bit more traveling.
Monthly requirements for the rewards checking account rates are:
- You must have 12 debit purchases
- At least one ACH transfer or one direct deposit
- You must apply/receive eStatements only
To open the rewards checking account there is a required minimum deposit of $100 – however, there is no set minimum balance once the initial required deposit is made. For anyone who is looking to save a few bucks and want security – this account has no service fees and is NCUA insured (#24540).
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