First American Bank is offering a 1.00% APY to residents of Illinois and Florida when you open a new Everyday Rewards Checking Account. For those who are interested, the bank is offering the generous rate on a balance up to $15,000. Not only will you receive the rate, but with a low deposit, you get to enjoy the most out of your account! To get started, all you would have to do is perform 15 qualifying payments each monthly statement cycle. It’s as simple as that! After all the qualifications are met, you will receive the rate as well as a host of account features! Are you interested? Please do not hesitate! I recommend you apply as soon as you can while the rate stays the same!
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First American Bank Summary:
- Apply Now
- Availability: IL, FL (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Credit Card Funding:Unknown
- Direct Deposit: No
- Additional Requirements:
- Simply perform 15 qualifying payments each monthly statement cycle.
- Avoid Monthly Fee: None
- Early Termination Fee: None listed
First American Bank Fine Print:
- A $4.95 monthly fee applies if requirement is not met.
- To receive the Rewards Annual Percentage Yield (APY) and refund of the monthly fee, the following must occur: Perform 15 qualifying payments during the monthly statement cycle.
- 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.
First American Bank Account Features:
- No minimum balance requirement
- eStatements
- $100 minimum opening deposit
- Unlimited check writing
- Mobile banking
- Online banking
- Overdraft protection
- Access to over 55,000 surcharge-free Allpoint and Presto! ATMs
Conclusion:
If you are a current resident of Florida or Illinois and would like to start a new banking experience, then now’s the time! First American Bank is offering you a rather attractive rate just for meeting a few requirements. Not only will you receive the rate, but you will be a part of a well trusted financial institution! Additionally, with a host of account features, banking has never been easier! However, this promotion is limited geographically. I recommend you apply soon if you qualify. However, if you do not live in the states listed or are not currently interested, then be sure to check out our list of Best Reward Checking Accounts for more information!
