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.
