Woodland Bank is offering Minnesota residents a chance to earn up to 2.05% APY on balances up to $25,000. Below is all the details you need to earn 2.05% APY on your funds when opening a Woodland Bank Kasasa Checking Account.
Woodland Bank Kasasa Checking Account Summary
- Interest Rate: 2.05% APY
- Maximum Balance: $25,000
- Availability: MN (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: Yes
- Monthly Fee: $0
- ATM Refunds: Up to $20 monthly
- Closing Account Fee: None listed
- Promo Code(s): None
Account Features
- Free checking that pays high interest
- 2.05% APY on balances up to $25,000
- 2.05% to 0.59% APY on balances over $25,000 depending on balance in account
- 0.05% APY if qualifications aren’t met
- Refunds on ATM fees, nationwide (up to $20 monthly)
- Can link to high-interest Kasasa Saver® account
- No minimum balance to earn rewards
- No monthly service fee
- Free Online Banking with Bill Pay
- Free eStatements
- Free Mobile Banking
- Free Visa® Debit Card
- Unlimited check writing
- Free 24 Hour Automated Telephone Banking
- $50 minimum deposit to open
Application Link
Woodland Bank Kasasa Checking Account: If this account appeals to you and you qualify, apply today!
How To Earn 2.05% APY:
- Sign up for the Woodland Bank Kasasa Checking Account to earn 2.05% APY on balances up to $25,000. In addition, meet the following requirements every month:
- Have at least one ACH auto debit transaction post and settle per qualification cycle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive e-statements
Author’s Verdict
If you’re active with your checking account and able to meet the monthly requirements listed above, definitely consider opening a rewards checking account so you can earn rewards and interest on your funds. 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.
Leave a Reply