Learn about Bank of Montgomery Premium Account account here.
Available nationwide, Bank of Montgomery is offering a staggering 4.07% APY with a maximum balance of $15,000 on their BOM Premium Account.
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About Bank of Montgomery Premium Account
Bank of Montgomery was established on June 9, 1903 in Montgomery, Louisiana. BOM now employs 113 staff members among 12 branches in Grant, Natchitoches, Sabine, Bienville, Bossier, Caddo, and Rapides Parish, serving over 12,000 customers.
Continue on to learn more about the Bank of Montgomery Premium Account below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.
Bank of Montgomery Premium Checking Account Rate
Residents nationwide can earn the industry leading rate on balances up to $15,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 4.07% APY up to $15,000
- Eligible Accounts: BOM Premium Account
- Credit Inquiry: Unknown
- Where it’s available: LA
- Opening Deposit: No minimum
- Credit Card Funding: Unknown
- Monthly fee: None
(FDIC Insured)
How To Earn Up to 4.07% APY Rate
- Bank of Montgomery (BOM) is offering 4.09% APY on balances up to $15,000 when requirements are met on the BOM Premium account. Requirements for 4.09% APY are as follows:
- Have at least 1 automatic payment (ACH) or direct deposit transaction post
- Have at least 20 debit card purchases post
- Be enrolled in and agree to receive online statements
- Be enrolled and access online banking and/or Mobile App
| Balance Requirement | APY Rate |
| $0.01-$15,000 | 4.07% APY |
| $15,000+ | 0.20% APY |
| Non Qualified Accounts | 0.15% APY |
Account Features
- Premium checking that pays high interest
- Refunds on ATM fees, nationwide (up to $20 monthly)
- No minimum balance required
- No monthly service fee
- Online banking with bill pay
- Free online statements
- Mobile banking
- VISA® debit card
- FDIC insured up to $250,000
- $100 minimum deposit to open
- After 10 checks a statement cycle $.20 per check (excludes bill pay checks)
Bottom Line
All in all, the current tiered rates from Bank of Montgomery is fantastic if you are able to meet the requirements. Although the maximum balance deposit has lowered to $15,000, the high rates are worth taking a second look at. However, I would only recommend if it triggers a soft pull.
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
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