Redneck Bank(yes, this bank is legit) is offering 0.90% APY up to $35K with their Mega Money Market account. There is also Redneck Rewards Checking which is a free personal checking account that offers the highest possible interest rate of 2.00% APY on up to $10K. When you visit this online bank’s website, it might look like some kind of joke with their slogan and animated web design. However, its parent bank, Oklahoma-based Bank of the Wichitas has been around since 1913.
With their Mega Money Market Account, you get 0.90% APY with monthly statements received electronically. You get free Redneck Bank visa checkcard with no monthly maintenance fee, free online banking, and absolutely no minimum balance to maintain account.
Mega Money Market Account Details:
- Earns interest of 0.90% APY* calculated on your daily balance of up to $35,000. Amounts over $35,000 earn .50% APY*
- Includes 6 FREE withdrawals per month**
- $5 fee for each additional withdrawal
- This is a variable rate account and the interest rate can change.
- The minimum opening deposit for this account is $1.00.
- Fees could affect the earnings on this account.
If you don’t mind doing ten sales transactions each month with their debit card, I highly suggest getting their Redneck Rewards® Checking 2.00% APY up to $10K. It is a free personal checking account with no minimum balance and access to ATMs worldwide and for secure debit card purchases. The only requirements are: 1) Post and Clear 10 Redneck Bank® VISA® CheckCard sales transactions and 2) All statements are received electronically.
Redneck Rewards Checking Account 2.00% APY Benefits:
- FREE Online Banking
- FREE Checking
- FREE Redneck Bank® VISA® CheckCard
- FREE Customer Service
- FREE Daily Email Notification if Overdrawn
- FREE ATM Transactions Worldwide**
- NO MINIMUM BALANCE TO MAINTAIN ACCOUNT
If you can set aside Redneck Bank’s website silliness, you’ll find Redneck Bank’s great rate is no joking matter along with free checking, free ATM use worldwide, and plethora of benefits. Find more of the best bank rates on our best list!
Hot Deal of the Day: Personal Capital offers $10 Bonus with a new account. They help you with your finances to develop long term goals and investment plans.