4.11% APY High interest reward checking account with Liberty National Bank

December 5th, 2010 Jackson Colson Leave a comment Go to comments

Liberty National Bank has a money in the bank offering for consumers nationwide through their best reward checking account coupled with a savings account under Kasasa.

The best checking account called Kasasa Cash has the following interest rates:

· 4.11% APY for balances through $10,000

· 0.50%% APY for portions of the funds above $10K

· 0.10% base rate when the account holder fails to meet the requirements

· Unlimited reimbursement of ATM surcharges every statement cycle

The companion Kasasa Saver offers the following best interest rates:

· 1.25% APY for balances through $25,000

· 0.50% APY for funds above $25,000

· 0.10% base interest rate

To enjoy the highest interest rates, the account holder must accomplish the following every cycle:

· Make 12 debit card purchases

· Set up a direct deposit or at least 1 automatic payment via ACH

· Choose electronic statements over the regular paper statements

If you are considering opening an account, should take note of the low set cap for the checking account but the interest rates and the savings account make this bank deal still attractive. You can apply online and it appears that this offer is nationwide. If you have questions with regard to this reward checking account or their other products, you can talk to one of their representatives through 580-351-2265.

Liberty National Bank is a small bank and most of the time these banks change their policies on offers like this. It has a declared asset of around $202 million and deposits of around $183 million.

The bank has branches in Elgin, Cache, and Lawton in Oklahoma. It is a member of the FDIC through certificate number 11522.

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