Evidently, a High Interest Free Checking account is still hard to come by these days, which is why I fully recommend checking out Radius Bank for a chance to take advantage of 0.90% APY on the portion of balances $2,500 and up. Because the majority of Radius Bank’s priorities go towards online banking with only one full-service branch, it’s necessary to point out that their products are available nationwide.
Not only is there no monthly maintenance fees or service fees attached, but you’ll receive unlimited rebate for ATM fees and no fees for using another bank’s ATM, making this one of the more sought-after affordable accounts that deserves all the recognition it can get.
Radius Bank Hybrid Checking Account In-Depth Research:
Firstly, it’s necessary to point out that we all live in this fast-pace reality and I’m sure that most of you already have enough credit cards with fees to get on top of every year, which is the sole reason why a High-Yield Checking account is highly recommended on our site.
Most of all, finding a not only affordable but rewarding checking account can really be a hassle that simply takes away the joy of self-managing your hard-earned money. With all the generic, cookie-cutter traditional checking accounts in this world, It’s definitely reassuring to come across a rewarding checking account such as this, being a much better alternative than stashing your money in an unreliable, impractical checking account from a bank that’s operating in who knows where.
Their bank account buffer™ program is basically like a cushion for your money in your checking account which is far more than what you’d routinely spend in a pay period. Depending on your total expense and fluctuating income, systematically, this perk makes it harder for you to overdraw on your checking and accrued any unnecessary fees. On top of that, it serves as a buffer between you and your most unexpected expenses. Whether you need a fixer-upper on your car repairs or you’re hit with unexpected housing renovations, it’s completely fine and we’ve all been there, but the reassuring part is that you’re prepared.
Secondly, a whole lot of bank accounts offer an allure of Overdraft Protection, in which case you sign yourself into a predicament that gives banks permission to charge you well-over $30 if you overdraw your account. The additive beauty of this account is that they have an insanely transparent and friendly overdraft protection program that offers you overdraft protection line of credit and linked account overdraft protection on top!
Lastly, I’d like to point out that even if this checking account didn’t have a attractively rewarding APY, the account is still worth applying for simply because of affordability sake alone.
Editor’s Note: This section is geared towards our analysis in regards to this banking product and will be expressed in according to the views we see fit.
Radius Bank Hybrid Checking Account Summary:
- Apply Now
- Account Type: High-Yield Free Checking
- Rate: 0.90% APY
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Hard pull
- Direct Deposit Requirement: None
- Additional Requirements: Maintain minimum $2,500 balance
- Monthly Fee: None
- Early Termination Fee: None
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Radius Bank Hybrid Checking Account Features:
- Free Online & Mobile Banking
- The higher the dollar amount in the account (over $2,499.99), the higher the APY (up to 0.90%) will be earned on the account.
- No monthly maintenance fees. No monthly minimum balance requirement after $10.00 to open.
- Get unlimited automatic ATM surcharge rebates for ATM fees other banks charge you.
- Deposit checks, pay bills, and monitor your activity with the Radius Mobile app.
- Send money to anyone instantly with Radius Pay a Friend.
- Use your Radius Debit Card with Apple PayTM, Samsung Pay, & Android PayTM.
- FDIC insured
Conclusion:
With just $10 in minimum opening deposit value, you’ll be able to take advantage of no monthly fees on Radius Bank’s High Yield Checking account. You could also be entitled to 0.90% APY if your balance accrued a maintainable minimum of $2,500. Terms and features are overall transparent and there’s no hidden fees or hassles you should worry about with this account. As a little added cherry on top, you’ll also get unlimited automatic ATM surcharge rebates for ATM fees other banks will charge you for! Your money is FDIC insured and you receive access to their many features. You can sign up online and start saving right away! Find all the Best Bank Bonuses from our exclusive list nationwide!