If you want to earn high interest rate, check out South Division Credit Union 4.01% Freedom Green reward checking.

You will get 4.01% APY on balances up to $25,000 if these requirements are met:

* 12 VISA debit signature purchases
* One direct deposit or ACH into account ($250 minimum)
* One Matrix21 bill pay (online banking)
* Receive electronic statements

You must open with a $50 deposit, and there is no monthly service charge. They are located in Evergreen Park, Midlothian and Chicago, but anyone can join through their online application.