Available for residents of Minnesota, Farmers State Bank is offering a 2.00% APY with their Kasasa Cash Checking account on balances up to $15,000! To earn the APY rate, you must meet the monthly qualifications which include having 12 debit transactions, be enrolled in e-statements, and enroll and log into online banking. It is as simple as that! Farmers State Bank offers many great features such as no minimum balance requirement, no monthly fees, unlimited check writing and many more! Signing up is fast and easy so if you are interested, don’t hesitate to join today!
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Table of Contents
Farmers State Bank Checking Info:
- Sign Up Offer
- Account Type: Kasasa Cash Checking
- Interest Rate: 2.00% APY
- Minimum Balance: $0
- Maximum Balance: $15,000
- Availability: MN (Bank Locator)
- Expiration Date: None listed
- Credit Inquiry: Unknown, let us know
- Opening Deposit: $50
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Additional Requirements: You must meet the monthly qualifications in order to earn the high rate.
- Closing Account Fee: None listed
Farmers State Bank Checking Features:
- No minimum balance requirement
- No monthly fees
- Unlimited check writing
- Free online and mobile banking
- Refunds on ATM fees nationwide
How To Earn Up to 2.00% APY Rate:
- Open a Kasasa Cash Checking account with Farmers State Bank.
- Start earning their APY rate after completing the requirements each month:
- Have 12 debit transactions.
- Be enrolled in e-statements.
- Be enrolled and log into online banking.
| Balance Requirement | APY Rate |
| $0 – $15,000.00 | 2.00% |
| $15,000.01+ | 0.48% |
| If qualifications are not met | 0.05% |
 With the Discover Cashback Debit Account: • Earn 1% cash back on up to $3,000 in debit card purchases each month, which lets you earn up to a total of $360 Debit Card Cashback Bonus per year. • Anyone can open a Discover Cashback Debit account online • No monthly fees or monthly balance requirements • With over 60,000 no-fee ATMs in the U.S., Discover is always nearby. • Move money easily and securely with just a few clicks or taps (transfers to existing discover accounts are immediate)! • Manage your account and avoid late fees by paying bills online. • Deposit checks on the go with your phone or automatically with direct deposit. |
Bottom Line:
Make sure you check out Farmers State Bank to learn more about the 2.00% APY rate. Overall, this is a simple promotion that requires you to use online banking and e-statements. The 12 debit transactions are also simple to complete. Keep in mind that the rate is good on balances up to $15,000. If you have had any experiences with this bank, please let us know in the comment section below. For more deals, you can check out our entire list of Best Rewards Checking Accounts!
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