Rewards Checking Account Rates of 4.61% APY from Peotone Bank and Trust Co.

Are you living in Illinois and looking for a good checking account that gives rewards and high rates? Peotone Bank and Trust Co. has an "iDeal Checking" being offered at 4.61% APY. Although, there is a $50 deposit requirement the good thing about it is that there is no minimum balance required to keep the checking account and no service charges - so you won't have to worry about unexpected fees.

The rewards checking account features are:

• The 4.61% APY is for balances up to $50,000
• For balances over $50,000, 1.01% APY applies
• The base rate is 0.50% if monthly requirements are not met
• Only up to $25 ATM refund per month

Montly requirements are:

• There has to be 15 debit card purchases
• Either 1 direct deposit or ACH auto debit
• Must receive eStatements only

Peotone Bank and Trust is FDIC insured (#10888).

For more high yield rewards checking account rates - Go Banking Rates has combined a list with great high yield checking accounts.