High Yield Savings Rate

Here is a checking account being offered by a bank that is not only free but also works like a high yield savings. Tri Counties Bank is promoting a Free Checking with high interest and much more. What you will get are:

1. 3.00%APY on balances up to $25,000 when all requirements are met
2. 1.00%APY on balances over $25,000 when all requirements are met
3. 0.10%APY on entire balance if requirements are not met for the cycle

To qualify for this multi-tiered variable rate free checking account, you must:

1. Have a valid e-mail address and receive statement electronically each month by accessing the bank’s online banking service;
2. Have one direct deposit, or make one ACH debit, or one electronic TCB Bill Pay transaction during each qualification cycle; and
3. Make a minimum of 12 check card point-of-sale transactions per qualification cycle.

In addition, if you met your eligibility requirements, there is a refund of domestic ATM fees up to $5.00 per transaction and $20.00 per qualification cycle. Only $100 is required to open and there are no maintenance fee and no minimum balance requirement. Online banking and bill pay are also free of charge.

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