California financial institution, the Bank of the Sierra has lowered their competitive APY on Sierra Reward Checking Accounts to 4.09%. Some features and benefits of the 4.09% APY offer include:
- Maintaining a balance of up to $25,000 to earn the 4.09% APY
- Balances over $25,000 will earn a 1.01% rate of return
- Accounts that do not maintain the minimum account balance or meet the monthly qualifications will earn a o.12% APY by default
- A Sierra Reward Checking Account can be opened with as little as $50
- Account includes free online banking including bill pay and statements
- Customers will receive a complimentary Sierra Check Card
- Checking account holders can earn up to a $25.00 ATM fee reimbursement nationwide (per statement cycle)
- There are no monthly service fees
- Overdraft protection optional (customers must either have a savings account or apply for a line of credit)
- FDIC insured up to $250,000
Monthly qualifications include making a minimum of 12 Sierra Check Card purchases, hooking up either one direct deposit or automatic payment from the account, make a minimum of one monthly online bill payment, opt into receive eStatements, and open the account online.
There are over two dozen Sierra Bank locations throughout California.
>> Checking Account Rate Deals
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.
