This free checking account pays 5.00% APY on balances up to $25,000, and 3.50% APY on balances below $15,000.

The Bravo Checking account from Marine Federal Credit Union is a free checking account with a high interest rate and no minimum required to open a new free checking account.

This is a fantastic interest rate on a free checking account.  Why tie your money up in a low paying CD when you can earn 5% in a checking account that gives you totally liquid access to your money?

Just meet these minimum checking account terms each month:

• Conduct 10 debit card transactions (not at an ATM)
• Receive eStatements
• Maintain direct deposit of pay or an ACH (automated payment), debit or credit

By receiving your checking account statements electronically, you will have the chance to win $1,000 each month.  A random computer generated drawing will be held the 1st business day of each month through November 1, 2010.  To be eligible to win, you must be a member and opt-out of paper statements.  Odds of winning 1 out of 100,000.

Cash rewards, or free iTunes downloads?

Alternatively, you could earn $5.85 in iTunes® Credits every month when you meet the same three easy qualifications each month.  Marine Federal participates in the free iTunes checking account program we told you about earlier this year.

Besides earning iTunes® credits, each month you meet the qualifications you’ll receive nationwide ATM fee refunds (up to $25) that you paid accessing your account.

About Marine Federal Credit Union

Marine Federal Credit Union is NCUA insured and your deposits are protected up to $250,000.Marine Federal Credit Union has branch locations in North Carolina and Virgina.

Tagged as: Bank Deals, Checking Account, iTunes, Marine Federal Credit Union

Sign Up For Updates

Subscribe to our updates via Twitter, email, or RSS to receive daily deals and other posts from RateNerd daily.

Subscribe via Email

Subscribe via Twitter.

Subscribe via RSS.