Find for your favorite Best Rewards Checking Account (RCA) from your State. Here you can find track rates from over 100 banks and credit unions to come up.
If you are looking to earn some extra cash, then you might want to sign up for a Rewards Checking Account (RCA). A rewards checking account is an account that requires you to meet certain criteria in order to receive a higher-than-normal APR as compared to a savings account.
Best Reward Checking Accounts – Nationwide
| Bank or Credit Union | Account Type | APY | Maximum | Review |
|---|---|---|---|---|
| Consumers Credit Union | Free Rewards Checking | 5.00% | $10,000 | Review |
| Gesa Credit Union | SmartPlus Checking | 5.00% | $5,000 | Review |
| Orion Federal Credit Union | Premium Checking | 5.00% | $10,000 | Review |
| Elements Financial | High Interest Checking | 4.00% | $20,000 | Review |
| First United Credit Union | Rewards Checking | 4.00% | $10,000 | Review |
| Ideal Credit Union | High Yield Checking | 4.00% | $20,000 | Review |
| Signature Federal Credit Union | High Yield Checking | 3.50% | $20,000 | Review |
| Evansville Teachers FCU | Vertical Dividend Checking | 3.30% | $20,000 | Review |
| Bank of Missouri | Kasasa Cash Checking | 3.05% | $15,000 | Review |
| Tensas State Bank | Kasasa Cash Checking | 3.05% | $10,000 | Review |
| Market USA FCU | Platinum Tier Rewards Checking | 3.01% | $15,000 | Review |
| Security Bank of Crawford | Rewards Checking | 3.00% | $15,000 | Review |
| ECCU | Kasasa Cash | 3.00% | $10,000 | Review |
| INOVA Federal Credit Union | Shield Checking | 3.00% | $15,000 | Review |
| Lake Michigan Credit Union | Max Checking | 3.00% | $15,000 | Review |
| Municipal Employees Credit Union | RewardChecking | 3.00% | $10,000 | Review |
| Porte Bank | High-Yield Savings | 3.00% | $15,000 | Review |
| R Bank | R Best Checking | 3.00% | $10,000 | Review |
| Security Bank of Crawford | Kasasa Cash Checking | 3.00% | $15,000 | Review |
| Sullivan Bank | Kasasa Cash Checking | 3.00% | $10,000 | Review |
Common Reward Checking Requirements
- Enroll in eStatements: Paper statements costs financial institutions a lot of money. They have a huge customer base, and each customers’ statements are multiple pages. By enrolling in eStatements, you are essentially saving some of the costs of the bank.
- Receive a monthly direct deposit: Banks want you to directly deposit your paycheck into their account. Doing this provides a constant flow of money into your account and ensures the bank that it is your primary account. In some cases, the direct deposit has to be a paycheck or a government benefit; however, an ACH transfer will sometimes trigger the requirement. Be sure to double-check the account details.
- Make a minimum number of debit card transactions: This requirement is another way to ensure that the direct deposited account is your primary account. Also, the bank earns a small processing fee wherever you use your card, so it is also a profit generating task.
One of the key differences between a RCA and a savings account is the limited balance that is required. Typically, RCAs have a maximum limit to how much you can deposit within the account; however, they have a higher APY – meaning that there is a higher interest rate associated with the account and more cash for you. On the other hand, good savings accounts’ interest rates stick around the 1.00% usually without a maximum limit on the account.
Below you will find a full list of our Best Rewards Checking Accounts. We will be continuously updating this page as much as we can to give you the best options possible.
Axos Bank Rewards Checking
 Earn up to 3.30% APY with the Axos Bank Rewards Checking account while enjoying a suite of digital tools for smarter money management. This is banking, redefined. • Use promo code AXOS300 and apply by December 31st, to earn up to a $300 bonus! • Zero monthly maintenance fees • Zero overdraft or NSF fees • Zero minimum monthly balance reqs • Unlimited domestic ATM fee reimbursements • Online debit card management • Simple, 3-step process for direct deposit • Only $50 to open an account |
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Update on rewards checking. La Capitol Credit Union still remains at the top of the list. They pay 6.25% and requires 15 debits no limit a month and $10K max a month. Coming in second is Genisys 6.75% and requires 10 debits at $5 minimum each month and $7,500 max a month. I am finding savings are around 4.75%.
Quoin Bank Kasasa Cash Checking 3.00% $25,000
You need to update the information.
It’s NOT 3%.
2.25% APY* on balances up to $25,000
Solvay Bank checking account
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A checking account that earns high interest:
4.00% APY1 for new Solvay Bank checking account customers on balances up to $15,000 for 12 months from account opening if account qualifications and rate tiers are met
Anthony : Please extend your coverage to other accounts for the benefits of users
I am surprised also. I have been using La Capitol for years and continue enjoying getting 4.25% each month! The rates dropped but not reflected above on Western Vista now 2.53% and Devon Bank now 2.50%!
How come you didn’t list La Capitol Federal Credit Union
https://www.lacapfcu.org/personal-checking-account-information#Choice
Earn dividends up to 4.25% APY
ATM fee refunds of up to $25 each month
Free 24/7 access with online banking, mobile app, bill pay, and more
No Cost Option – Meet these simple qualifications each month.
Use estatements
Make 15 debit card swipes per month or have $1,000 average daily balance
Electro Savings limits membership to Missouri and Illinois. You are correct on ECCU, balances were $35K.
Electro Savings
3.25% APY* on balances up to $10,000
https://www.electrosavings.com/save-spend/personal-checking/free-kasasa-cash-checking.html
ECCU is changing to
$10,000 earn a dividend rate of 2.96%
https://www.eccu.org/kasasa
Are these type of accounts FDIC insured?
Are these type of accounts FDIC insured?
Lured by that higher than average rewards checking rate, I switched to Heritage Bank N.A. At the time the APR was 3.03%, after only two months it’s been dropped to 1.53%. That in and of itself should be something that others should give pause when considering them. Further I’ve experienced a buggy online bill pay service that resulted in missed payments and late fees. Now with a much lower interest rate, coupled with the cost of poor application/service made the switch to this bank a poor choice.
Important TILA snippet for TAB Bank from their website.
“Purpose and expected use of accounts – This account is intended to be the accountholder’s primary checking account in which payroll transactions and day-to-day spending activities including but not limited to grocery, gasoline, apparel, shopping, dining, sporting and entertainment transactions are posted and settled. Commensurate with the spending activities identified
above, we expect the account’s debit card to be used
frequently throughout each month and for transaction amounts to reflect a wide dollar range. Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior. These types of transactions appear to be conducted with the sole
purpose of qualifying for the account’s rewards and thus will be deemed inappropriate transactions and will not count toward earning the account’s rewards.”
You can also get 2.97% at First Community Credit Union
https://www.firstcommunity.com/services-resources/tools/rates.html
And 5% on youth accounts at MidwestBankCentre
https://www.midwestbankcentre.com/personal/savings-and-money-market
Heritage Bank NA is now at 2.99%
https://www.heritagebankna.com/current-interest-rates/
JUST AN FYI SOUTHWEST FEDERAL CREDIT UNION IS NOT AVAILABLE TO ANYONE, THERE ARE MEMBERSHIP REQUIREMENTS.
Why don’t you make the column’s sortable?
Ford Interest Advantage pays up to 2.69% on checking. 25 cents per check under $250. Works great with a broker account as you can link them. No debit card
evolve fed credit union now says 7 percent interest on the e priority checking with 30 transactions a month, but as far as i know no debit mastercard rewards on that.
great info thaks =)
Greater Nevada Credit Union is up to 4% on balance of $50K
Updated. Thanks for letting us know Scott!
Redneck Bank 2.25% is only on $10,000, not $25,000.
Thanks Fred! It has been updated.
Northpointe appears to no longer offer their interest-bearing checking account as of late 2017, and those grandfathered into it appear to have lost rather a lot of their interest.
Our review has been updated. Thanks for letting us know Brian!
First Advantage Bank is no longer accepting new members nationwide. Only available to residents of Tennessee and Kentucky. Just tried to open an acct but representative said they just ended offering it nationwide due to so many applicants.
Thanks for letting us know Freddy. We have added to our list.
I have Miami Postal Service Credit Union and they have 2.50% with no minimum balance required or you can pick the checking with cash rewards. I think you have to live within 20 miles of one of their branches in Miami, Florida.
Added, thanks for letting us know Kalee.
You should add Genisys Credit Union to that list, they just recently launched a 3.03% rewards checking account:
https://www.genisyscu.org/accounts/checking/geniuschecking