Learn about MidWest One Bank Power Checking account here.
Available in selective markets, MidWest One Bank is offering a staggering 1.75% APY with a maximum balance of $25,000 on their Power Checking Account.
Table of Contents
About MidWest One Bank Power Checking
MidWest One Bank is headquartered in Iowa City, Iowa and was established in 1934. Since then they have grown to 58 locations and boast an A health rating,
Continue on to learn more about the MidWest One Bank Power Checking Account below.
MidWest One Bank Power Checking Rate
Residents can earn the industry-leading 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: 1.75% – IA, Southwest WI or 1.00% – CO, FL, MN, Western WI
- Eligible Accounts: Power Checking Account
- Credit Inquiry: Unknown
- Where it’s available: CO, FL, IA, MN, WI
- Opening Deposit: $100
- Credit Card Funding: Unknown
- 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||$150 Bonus + 1.00% APY||Review|
|Axos Business Savings||$100 Bonus + 0.20% APY||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 1.75% APY Rate
- Open a Power Checking Account with a $100 opening deposit
- Maintain account balance below $25,000
|Balance Requirement||APY Rate|
|$0 – $25,000||1.75%|
|Not Met Qualifications||0.05%|
- Online and Mobile Banking
- Online Bill Pay
- Standard Debit Card
- Overdraft Protection
- FDIC Insured
Make sure you check out MidWest One Bank to learn more about the 1.75% APY promotion on their Power Checking Account. Remember that if your balance is over $25,000, then you will not receive the full benefits of the rewards checking account. Take advantage of this wonderful promotion before it ends!
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 MidWest One Bank Power Checking Account.