For residents of Illinois and Florida, First American Bank is offering 1.00% APY on their Everyday Rewards Checking Account on balances up to $15,000. In order to earn this APY, simply just perform 15 qualifying payments each monthly statement cycle. First American is an Illinois-chartered, privately held, full-service bank with 50 locations in Illinois and Florida and more than $3.4 billion in assets. They are known for having the strength and stability that comes from a consistent, diversified earnings stream, strong internal equity generation, sound asset quality, and a liquid and conservative balance sheet.
 | Western Alliance Bank High-Yield Savings Premier: Available nationwide, the Western Alliance Bank High-Yield Savings Premier account offers 4.30% APY. FDIC insured. Open your account online in five minutes or less. No account activity or maintenance fees. Learn More---Review |
First American Bank Checking Info:
- Apply Now
- Account Type: Everyday Rewards Checking
- APY Rates: 1.00%
- Minimum Balance: $0
- Maximum Balance: $15,000
- Availability: IL, FL (Branch Locator)
- Expiration Date: None
- Credit Inquiry: Unknown, let us know
- Opening Deposit: $100
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: None
- Additional Requirements: See below for details
- Closing Account Fee: Speak with your representative to see if fees apply
First American Bank Features:
- No minimum balance requirement
- Free eStatements
- Unlimited check writing
- Free mobile and online banking
- Free First American Bank Mastercard debit card
- Free online bill payments
- Overdraft protection options available
- Access to over 55,000 surcharge-free ATMs
How To Earn 1.00% APY Rate:
- Sign up to First American Bank.
- Perform 15 qualifying payments during the monthly statement cycle.
- Earn 1.00% APY applies to balances up to $15,000.
- On balances over $15,000, you’ll earn 1.00% to 0.21% APY. (Example: 0.81% APY will be paid on $20,000)
Note: Qualifying Payments include Checks, online Bill Payments, ACH Debits, outgoing Wire Transfers and payments made with your First American Bank issued Mastercard Debit card and must post and appear on your account statement. 0.10% APY applies to all balances if monthly requirement is not met
Bottom Line:
Overall, the First American Bank is great for those of you who live in the region and wants to earn a competitive rate on your rewards checking account. Remember to meet the above monthly requirements so you can enjoy earning the 1.00% APY rate. Feel free to drop us a line and share your experience with this bank by commenting below. Also, if you have any information whether this is a hard or soft pull, please let us know. For those of you don’t live in the area and can’t get this offer, you can view our entire list of Best Rewards Checking Accounts for other great options.
 With the American Express Blue Business CashTM Card: Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.49% - 27.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99% Plus, earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement. From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power§.Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express and other factors. This card comes with no annual fee (See Rates & Fees). Terms Apply. |
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