Here you can learn about BOM Bank Premium Checking Account.
For residents of Louisiana, BOM Bank is offering up to 4.09% APY on balances up to $15,000.
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About BOM Bank Premium Checking
BOM is a locally owned and managed community development bank dedicated to creating financial opportunity for businesses, individuals, and community organizations of North Louisiana. BOM supports banking solutions that improve the social and economic conditions of underserved peoples.
Continue on to learn more about the BOM Bank Premium Checking 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.
BOM Bank Premium Checking Rate
Take advantage of the 4.09% APY on balances up to $15,000 at BOM Bank.
- What you’ll get: 4.09% APY up to $15,000
- Eligible Accounts: Premium Checking
- Credit Inquiry: Soft Pull or Hard Pull?
- Where it’s available: LA, TX (Branch Locator)
- Opening Deposit: $100
- Credit Card Funding: Unknown
- Monthly fee: There are no monthly service fees
(FDIC Insured)
American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why: *No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account. *1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two. *No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest. Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend. |
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| PROMOTIONAL LINK | OFFER | REVIEW |
| Aspiration | 1.00% APY + $100 Cash | Review |
| Axos My Savings Builder | Up to 0.70% APY | Review |
| Axos Bank High Yield Savings | 0.61% APY | Review |
| Axos Bank High Yield Money Market | 0.60% APY | Review |
| CIT Bank Money Market | 0.45% APY | Review |
| American Express High Yield Savings | 0.40% APY | Review |
| Discover Bank Online Savings | 0.40% APY | Review |
How To Earn Up to 4.09% APY Rate
- Sign up to BOM Bank and open an Premium Checking account with the minimum opening deposit.
- Start earning their APY rate after completing the requirements each month:
- 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 – $15,000.00 | 4.09% |
| $15,000.01+ | 0.15% |
Account Features
- Online banking with bill pay
- Online statements
- Mobile banking
- VISA® debit card
Bottom Line
BOM Bank is offering a decent reward on their checking account for anyone that wants to join their bank. Additionally, this APY includes having to have one direct deposit each month. Not the worst requirements for a rate this high!
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!
Check back often to see the latest info on BOM Bank’s Free Rewards Checking Account.
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| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| BBVA Free Checking & Savings | $250 Cash | Review |
| Huntington 25 Checking | $300 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| Axos Bank Basic Business Checking | $100 Cash | Review |
| Aspiration Spend & Save Account | $100 Cash | Review |
| Ally Invest | Up to $3,000 Cash | Review |
| BlockFi | Up To $250 BTC | Review |
| American Express High Yield Savings | 0.40% APY | Review |
| Discover Cashback Debit Account | $360 Cash | Review |
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