Find out more about Classic Bank Reward Checking Account here.
Available in Texas, Classic Bank is offering 1.51% APY with a maximum balance of $10,000 on their Reward Checking Account.
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About Classic Bank Reward Checking
Classic Bank has a mission of building lifelong relationships by exceeding expectations. Established in 1889, they now have six convenient locations across Texas to meet all your banking needs. In addition, they offer many different accounts so you can be sure to find one that you like.
Continue on to learn more about the Classic Bank Reward Checking Account below.
Classic Bank Reward Checking Rate
Residents of Texas can earn a generous rate on balances up to $10,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 1.51% APY up to $10,000
- Eligible Accounts: Reward Checking Account
- Credit Inquiry: Unknown, let us know
- Where it’s available: TX (Branch Locator)
- Opening Deposit: $50
- Credit Card Funding: Unknown, let us know
- Monthly fee: None
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.
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.
|Discover Bank Online Savings||$200 Bonus + 0.40% APY||Review|
|Aspiration||1.00% APY + $150 Cash||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
How To Earn Up to 1.51% APY Rate
- Open a Reward Checking Account with an opening deposit of $50
- Meet the following requirements each month to receive the 1.51% APY rate:
- At least one direct deposit, ACH credit, or ACH payment transaction
- At least 10 debit card purchases
- Be enrolled in and agree to receive e-statements
- Maintain a valid email address on record with bank
|Balance Requirement||APY Rate|
|$10,000+||0.63% to 1.51% APY|
- Unlimited refunds on ATM withdrawal fees, nationwide
- No minimum balance to earn rewards
- No monthly service charge
- Free digital banking
- Online banking & bill pay
- Mobile banking with mobile deposit
- Free e-statements
- Free Visa® debit card
Classic Bank is offering a great rewards checking account program for those that are residents of Texas. There is no monthly fee, and the account has a great interest rate! Remember that if your balance is over $10,000, then you will not receive the full benefit of the rewards checking account.
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 Classic Bank’s Reward Checking Account.