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Earn 4.52% APY up to $25,000 (DFW, TX)


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#1 pangya88

pangya88

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Posted 03 April 2010 - 06:10 PM

For more details, see here: http://www.grandbank...king.htm#reward


REWARD CHECKING*

A free checking account that offers extra rewards and flexibility with easy access no matter where you live, work, or travel.

Special Features:

Opening deposit $100.00
Earns Reward Rate 4.52% APY* up to $25,000 (when all qualifications are met)**
Earns Reward Rate 1.01% APY* greater than $25,000 (when all qualifications are met)**
Earns Base Rate 0.27% APY* on non-qualifying balances (if you do not meet all the qualifications)**

ATM refunds Nationwide*
Debit Card
Online Banking and Bill Pay
Direct Deposit
e-Statements
24-Hour Automated Line
Unlimited Check Writing
No Minimum or Maximum Balance
No Monthly Service Charge
It's easy to get started with Grand Bank Reward Checking. Just bring a low $100 opening deposit and two forms of I.D. and we'll do the rest.

* ATM fee refunds up to $25.00 per cycle if requirements are met. 4.52% Annual Percentage Yield (APY) paid on balances between one penny and $25,000, and 1.01% APY paid on all amounts above $25,000 each cycle when minimum requirements are met. If you do not meet the requirements per cycle, your account will still function as a free checking account earning 0.27% APY; however, it will not receive ATM refunds for that time period. Rates as of October 22, 2009. We may change the interest rate and APY at any time after the account is open. Available to personal accounts only. Limit 2 accounts per household.

**For account holder to earn the reward rates and receive all benefits of the Grand Bank Reward Checking Account, the following must be performed each qualifying cycle:

One Direct Deposit or ACH auto debit.
12 or more debit card transactions.
Receive electronic monthly statements.
Access Grand Bank of Texas online banking at least once during qualifying cycle.




#2 markber

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Posted 04 April 2010 - 05:23 AM

Thanks for this info, pangya88!

Mark



#3 Henry 13

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Posted 04 April 2010 - 04:31 PM

Great find.

Definitely local (from their application site, one needs to come into the bank branch to complete the application).

Great bank with high rating (4* at Bankrate and 5* at Bauerfinancial). Very stable rate, perfect for Texas residents.







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