If you are living in or around any of these areas of Texas: Coolidge, Fairfield, Mexia, or Waco (which is coming soon) – you are in luck if you’re looking for a high yield checking account rate! Incommons Bank is offering their newest rewards checking account at 5.01% APY for balances between 1 penny and $25,000. Balances over the $25,000 will be paid a 1.01% APY. This is only if the requirements are met for every statement cycle. The base rate is 0.10% for those who don’t meet the monthly requirements.
Perks on the rewards checking account at Incommons Bank are:
- Pays premium interest
- Free Checking Account
- Automatically reimburses ATM fees when you use another bank’s ATM – anywhere in the nation
- No initial balance required
- Free online banking
- No monthly fees
Requirements for qualification are:
- 10 debit card purchases per month
- There as to be one automatic direct deposit or 1 automatic payment from the account
- Receive online statements only
Incommons Bank is FDIC insured (#3342).
What are the rates on your checking accounts? Please share with the Go Banking Rates community.
