Find out more about Farmers & Merchants Bank Smart Checking Account here.
Available in Nebraska, Farmers & Merchants Bank is offering a generous 2.02% APY with a maximum balance of $25,000 on their Smart Checking Account.
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About Farmers & Merchants Bank Smart Checking
Farmers & Merchants Bank takes pride in being large enough to offer a wide variety of services and products, but being small enough to serve smaller, rural communities in southeast Nebraska. Furthermore, they offer friendly, personal service in your communities.
Continue on to learn more about the Farmers & Merchants Bank Smart Checking Account below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA or CIT Bank.
Farmers & Merchants Bank Smart Checking Rate
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Residents of Nebraska can earn a generous rate on balances up to $25,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 2.02% APY up to $25,000
- Eligible Accounts: Smart Checking Account
- Credit Inquiry: Unknown, let us know
- Where it’s available: NE (Branch Locator)
- Opening Deposit: No minimum
- Credit Card Funding: Unknown, let us know
- Monthly fee: Monthly fee waived if qualifications are met
(FDIC Insured)
American Express® High Yield Savings Account - You earn a competitive 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 |
| Discover Bank Online Savings | $200 Bonus + 1.10% APY | Review |
| Aspiration | $150 Bonus + 1.00% APY | Review |
| Axos Business Savings | $200 Bonus + 0.20% APY | Review |
| UFB Money Market Account | 1.66% APY | Review |
| UFB Savings | 1.66% APY | Review |
| Quontic Bank High Yield Savings | 1.58% APY | Review |
| Quontic Bank Money Market | 1.50% APY | Review |
| CIT Bank Savings Connect | Up to 1.35% APY | Review |
| American Express® High Yield Savings account | 1.00% APY as of 6/29/22 | Review |
| CIT Bank Money Market | 1.00% APY + Amazon Prime Offer | Review |
| Axos Bank High Yield Savings | Up to 0.61% APY | Review |
How To Earn Up to 2.02% APY Rate
- Open a Smart Checking Account with an opening deposit of any amount.
- Meet the following requirements each month to receive the 2.02% APY rate:
- Minimum of 12 debit card purchases/month to qualify
- One direct deposit or recurring auto debit/month to qualify
- Must sign up for ongoing e-statements to qualify
| Balance Requirement | APY Rate |
| $0.00-$25,000 | 2.02% APY |
| $25,000.01+ | 0.54% APY |
Account Features
- Reward checking account
- Earns extremely high dividends
- Premium interest paid on first $25,000 balance
Bottom Line
This bank is offering a great rewards checking account program for those that are residents of Nebraska. There is no monthly fees and the account has a great interest rate! Remember that if your balance is over $25,000, 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 Farmers & Merchants Bank’s Smart Checking Account.
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