Latest responses to “Best High Interest Reward Checking Account Rates” Copyright 2012, MoneyBlueBook.com 402150 2010-10-04T18:52:56-07:00 Fern Hi; On the high rate checking can anyone tell me which bank has the highest rates at the time for nationalwide? Fern 402080 2009-12-04T19:52:28-08:00 Henry BotS dropped rate (now 4.09%) right after the Bank Deals site broadcast (as best RCA in the nation). Luckily, the drop is "tolerable." I am still staying with them. 402100 2009-12-01T16:38:52-08:00 Rick Two more banks to add to the list are Tri Counties Bank, Modesto, CA paying 3% on checking and Bank of the Sierras paying 4.51% on checking. I have experience with both and they are as advertised. Rick 402120 2009-11-04T11:42:44-08:00 Henry And Charter is at an amazing 1.25% APY, with an increased $50K limit; only one debit transaction is required. What were they thinking?? 402130 2009-11-04T11:34:10-08:00 Henry FAB&T changed rate to 3.5% as of 3 November and limit to $35K/one account only as of 2 December; FYI. This account is out of the door since there remains many RCAs above the nominal 4% APY. 402110 2009-11-03T17:52:11-08:00 Henry For Dena: There is a long list in ILL. from highyieldchecking, several 5% offers. Good luck. For Peggy: Yes, for most banks. Some actually need payroll DD. So it is YMMV; find out for your own case. Some will accept their own Billpay as DD requirement. To help you out: 1. Use utility bills: pay $1.00, $1.01, etc. to all your RCAs. 2. Use banks such as Ally to do ACHs, they usually count. 3. Use RCA banks to transfer amongst themselves; e.g., Bank A --> Bank 2; this will usually meet requirements for both. Make sure you do more than one in case some transfers do not count. Good luck. 402140 2009-10-31T12:27:35-07:00 Peggy Can you transfer money out of one bank using bill pay into another bank therefore having it appear as a direct deposit? Will that satisfy the 1 direct deposit as required? Any ideas on how to generate various ACH's? I already have my phone bill, my electric bill and my water bill as ACH's at different institutions to satisfy the ACH requirement on their rewards checking accounts. I am running out of ideas on how to meet the ACH or direct deposit requirement. I don't know if my regular longtime bank (Chase) evens allows transfers to other banks without charging. Any ideas? 402070 2009-10-22T13:45:08-07:00 Dena I am have been interested in finding one of these high interest checking accounts. Some that I have seen you have to be within a certain distance from the bank. Do you know of any by Chicago or without distance restrictions with a good return? 401900 2009-07-06T16:06:18-07:00 Red Beck Banker I just found a funny new bank...maybe not new but the name was certainly new to me - Red Neck Bank - http://www.redneckbank.com/ Is this online bank for real or is it some April Fool's prank? Instead of an image of a banking customer or something, the bank features a laughing horse with its gums exposed on the website. The website is funny but the very competitive and attractive 4.00% APY interest rate is no laughing matter. It seems legit - FDIC insurance coverage etc. Does anyone have a checking or savings account account there? Thinking of setting up any account just for the weirdness factor..heh 402090 2009-07-03T14:22:25-07:00 Dan The listed high yield rates appear to be accurate as of July 2009...pretty impressive! 5.00% and 4.00% APY rates?! That's amazing for bank rates at this time. Too bad the debit card usage requirements makes the reward checking accounts rather difficult to maintain however. I guess that's the catch - there's always that naggy catch.