Classic Bank Reward Checking Account: Earn 1.51% APY On Balances Up To $15,000.99 [TX]

Classic Bank is offering Texas residents a chance to earn up to 1.51% APY on balances up to $15,000.99. Below is all the details you need to earn 1.51% APY on your funds when opening a Classic Bank Reward Checking Account.

Classic Bank Reward Checking Account Summary

• Interest Rate: 1.51% APY
• Maximum Balance: $15,000.99
• Availability: TX (Bank Locator)
• Expiration Date: None
• Credit Inquiry: Hard Pull or Soft pull? Let us know
  
• Credit Card Funding: Unknown. Let us know
• Opening Deposit: $50
• Direct Deposit Requirement: Optional
• Monthly Fee: None
• ATM Refunds: Yes; see below for requirements
• Closing Account Fee: None listed
• Promo Code(s): None

Account Features

• FREE checking account
• No minimum balance requirements
• Earns extremely high dividends
• Qualifying accounts get reimbursed per month on ATM fees nationwide
• To qualify you must have per month: receive all account related disclosures and monthly statements electronically (e-statement), at least 10 debit card purchases, at least one automatic payment or direct deposit, provide and maintain a valid email address

Application Link

Classic Bank Reward Checking Account: If this account appeals to you and you qualify, apply today!

How To Earn 1.51% APY:

1. Sign up for the Classic Bank Reward Checking Account to earn 1.51% APY on balances up to $15,000.99. In addition, meet the following requirements every month:
   • Receive all account related disclosures and monthly statements electronically (e-statement)
   • Have at least 10 debit card purchases post and clear per monthly qualification cycle
   • Have at least one automatic payment or direct deposit post and clear
   • Provide and maintain a valid email address

Author’s Verdict

At this rate, I would rather pass. With other reward checking accounts offering 2.50% APY+, this account does not compare. If you have any info regarding the credit card funding, credit inquiry, or the early account termination fee, please let us know. 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.