$25 Minimum, 4.01% APY, free ATM fees make this a great deal.
You can receive a bonus rate of up to 4.01% APY on balances up to $25,000 when you meet certain requirements.
First Clover Leaf Bank of Illinois is offering a “My Great Rate Checking” rewards checking account with a high rate and several nice perks. All “My Great Rate Checking” accounts earn a Base Rate of 0.25% APY on any amount, but pay the higher Bonus Rate of 4.01% APY on balances up to $25,000 and 0.50% APY on balances over $25,000. When you qualify for the Bonus Rate, you receive automatic refunds of ATM fees nationwide.
To qualify for the Bonus Rate and nationwide ATM refunds, you must meet these four simple requirements each statement cycle:
- 10 VISA debit card transactions (excluding ATM transactions)
- One direct deposit or ACH Auto Debit
- Three online bill payments
- Receive your monthly statement electronically
Minimum deposit amount to open is $25.00. Learn more about First Clover Leaf Bank here.
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{ 5 comments… read them below or add one }
Wow, This is a checking account that I will have to look into. I have had nothing but problems with my current checking account and this seems right up my ally. Besides the fact that it has Free ATM fees!
This checking account is awesome. What a great deal that is a benefit to all that decide to take the incentive and do it. I agree with Sara how can you not say no to an Free ATM fees. Great Stuff.
I agree with the past comments this really is something that is hard to pass up. The incentives are fantastic and the thought of not having an ATM fee is hard to ignore. I’m all about saving a few bucks and this is a great way to do just that.
The four simple requirement to qualify for the discount are easy considering the amazing benefits, and No ATM Fees. This is what sold me on this great deal. I just get so tired of paying almost $5 on ATM with drawls, thank thank Rate Nerd.
It is so nice to get a deal like this especially on the ATMS fees. I mean it seems like ATMS feels go up a $1.50 each year with no sign of stopping. Also I am trying to go paperless in everything I do now so this is even more of an incentive