Tennessee residents can benefit from a 4.25% APY with the Reward Checking Account from First State Bank. The account offers varying rate tiers, including:
- 4.25% APY – $0 – $25,000
- 1.01% APY – over $25,000
- 0.15% APY if qualifications aren’t met
To meet the account’s qualifications, you must:
- Make 12 Visa CheckCard transactions per cycle
- Set up one direct deposit or ACH auto debit
- Receive e-statements
- Open your account with a minimum of $25
Some other benefits of the account include nationwide ATM refunds if qualifications are met, no minimum balance requirements, and no monthly fees. Also, multiple accounts can be opened as long as the meet the requirements for the highest rate tier.
To open an account, you can apply online; however, you must complete the application process by stopping by one of the locations in Nashville, Dyersburg, Lexington, Knoxville, Jackson, Union City, Hendersonville, or Dredson, Tennessee.
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
