Eastwood Bank Rewards Checking Account

Eastwood Bank of Minnesota is offering a rewards checking account that currently has an annual percentage yield of 4.01 percent for balances up to $25,000 and an APY of .75 percent on balances above $25,000.

As with all rewards checking accounts there is a certain number of bank transactions you have to do every month to earn the high yield checking account rate.

To earn the high yield you have to do twelve or more purchases using an Eastwood Bank Visa Check Card, at least one direct deposit or automatic withdrawal, and electronic statement delivery to a valid e-mail address.

The bank will also reimbursed you for ATM fees, up to $25 each calendar month. The checking account also has free internet banking and free online bill pay.