If you ever thought all checking accounts were the same, NorStates Bank's High-Yield Checking blows that notion out of the water.
This free, interest-bearing account earns 0.50% APY* AND provides unlimited nationwide ATM fee refunds**. All with no minimum balance and no monthly service fee.
*Minimum to open account is $50. Annual Percentage Yield (APY) accurate as of 05/11/12. Rates are as follows: 0.50% APY applies to all balances if qualifications are met during the monthly qualification cycle. 0.01% APY applies to all balances if monthly qualifications are not met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear to the account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to an account. Intra‐bank transfers do not count as qualifying transactions. Personal accounts only. One High-Yield account per taxpayer identification number.
**Unlimited ATM Fee refunds provided only if qualifications are met within the monthly qualification cycle.
Qualifying for your rewards is easy. Simply do the following each monthly qualification cycle:
If you don't qualify during a cycle—no worries. Your checking account is still free and earns interest at 0.01% APY* and you get right back to making 0.50% APY* and enjoying ATM fee refunds** the next cycle you qualify.