Easy Grow Checking Account – Bank Easy

More and more high yield checking offers seem to be released everyday. Some offer a higher yield than others and some plain rob you blind if you’re not careful. Today, we share a checking account offered by Fishback Financial Corporation named Grow Easy Checking.

This account offers one of the highest interest rates available in the nation. Unfortunately, it arrives with a slew of catches that would negate dollars earned if not met. Prior to diving into the specifics, rest assured that the account is FDIC insured.
Now, if you’re thinking about earning a interest rate of 4.00% on a this account, think again my frugal friends. Well, you can earn it but you’ll have to meet several requirements. All of them to be exact.
The rate of 4.01% that you can earn with Easy Grow Checking is on all balances below 25K. Anything over that rate and you earn a measly rate of 0.75%. Now, I bet you’re thinking that’s not all that bad. Think again!
In order to earn this you’ll have to meet all of the following conditions.
  • Make 10 purchases with your Visa Debit Card. (The ones you have to sign for.)
  • Ensure that you make at least one bill payment or receive a direct deposit each month.
  • Enroll in electronic statements.
If you do meet these requirements, will will enjoy one of the highest rates in the nation and free ATM refunds worldwide. A perk offered by only a few such as Schwab Checking. You can apply for this account online or through a local branch.
The account also has no minimum balance requirements, free online bill pay and no monthly charge.

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