Bank of The Sierra is offering a “sky high” 4.51% APY on its Sierra Reward Checking account with just $50 to open and pays on balances up to $25,000.
The Sierra Reward Checking account is a free, high-interest checking account with minimal qualificaions, available nationwide, from Bank of The Sierra – an FDIC insured bank. This bests any other checking account APY from our recent list of best checking accounts.
Checking Account Features:
- Earn 4.51% APY on checking account balances up to $25,000
- Earn 1.01% APY on checking account balances above $25,000
- Reimburses up to $25.00 in ATM fees nationwide perchecking account cycle
- Free eStatement every month
- Free Sierra Bill Pay
- Free Sierra Check Card
- No monthly service charge on checking account
- Overdraft protection available with a savings account or apply for a line or credit.
- Only $50 to open checking account
Checking Account Qualifications:
- Minimum 12 Sierra Check Card purchases per checking account statement cycle
- Minimum one direct deposit or automatic payment from your checking account per statement cycle
- Make at least one bill payment online per checking account statement cycle
- Receive eStatements
- Checking account must be opened online
Related posts:
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- Bank of America $100 New Checking Account Bonus – Daily Deal
- Best Checking Account Deals – Daily Deal
- $100 Checking Account Bonus from Sovereign Bank- Daily Deal!


















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These relatively new high checking acct interest rates seem too good to be true! What are the potential problems with them. Do I have to worry about a bank like the bank of Sierra going under? I know it is FDIC insured, but if it were to go under, how quickly , realistically, would I see my money? It just all seems too good !
THese relatively new high checking interest rates seem too good to be true! What are the potential problems?
This checking account is now paying 4.09% APY.