American Trust & Saving Bank REWARDChecking Account – 3.01% APY up to $15,000 [IA]

American Trust & Saving Bank is offering REWARDChecking Account that earns 3.01% APY on up to $15,000 maximum balance. The REWARDChecking Account earns a very high interest on members’ account for simply doing everyday things you most likely already do . The qualifications needed to earn rewards require the following: make at least 12 debit card purchases post and clear each month, be enrolled eStatements, be enrolled and log in to online banking at least once per month, and must be a Iowa resident to open this account.

American Trust & Saving Bank REWARDChecking Summary

• Account Type: Free REWARDChecking Account
• Interest Rate: 3.01% APY
• Maximum Balance: $15,000
• Availability: Iowa (Bank Locator)
• Expiration Date: None
• Credit Inquiry: Hard pull or soft pull? Let us know
• Opening Deposit: $100 minimum
  
• Credit Card Funding: Unknown
• Direct Deposit Requirement: No
• Monthly Fee: No
• Refunds on ATM Fees: Yes(up to $25 monthly)
• Additional Requirements: Receive eStatements, use online banking, make least 12 purchases post and clear each month, and must be an Iowa Resident to open this account.
• Closing Account Fee: Cancellation fees may apply. Be sure to speak with your representative.

Application Link

American Trust & Saving REWARDChecking Account – Must be an Iowa Resident to open this account.

How To Earn 3.01% APY:

1. Sign up to American Trust & Saving REWARDChecking Account to earn 3.01% APY for up to $15,000.
2. Must log in to online banking once per month
3. Receive eStatements.
4. Make 12 debit card purchases post and settle per month.

Author’s Verdict

The American Trust & Saving REWARDChecking Account would be a great fit to sign up for if you living in Iowa. It offered one of the highest interest rate I have seen with very little qualifications to meet. The qualifications are likely what most people already do everyday. If you have had any experiences with this bank, please let us know in the comment section below. For more reward checking accounts, you can check out our entire list of Best Reward Checking Accounts.