Lumbee Guaranty Bank is offering a very competitive 4.50% APY on the LBD Rewards Checking Account. As with many other reward checking accounts, this account offers special rates and features based on meeting certain monthly requirements. The rates and features are as follows:
- 4.50% APY on balances up to $5,000
- 1.00% APY on portion of balance above $25,000
- 0.10% APY if requirements are not met
- ATM fee refunds nationwide
The monthly requirements for this account include:
- 10 debit card purchases
- Receive electronic statements
- 1 direct deposit or ACH debit
There is no minimum balance requirement for this account; however, it does require a $100 minimum opening deposit. There are also no monthly service charges to worry about.
The account is only available to North Carolina residents. You can apply online but must complete the process at a branch location.
>> High Yield Checking Account Rates
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.
