Randolph Bank is pushing for their high interest rate reward checking account called Extra Mile Choice Checking Account. This money in the bank deal lets you earn an interest rate of 2.50% APY for balance of up to $25,000. You can earn an interest rate of 0.75% APY for portions of the fund above the $25k cap. You also get to refund ATM surcharges of up to $20 when you meet the following requirements:

• make at least 6 purchases using your check card per statement cycle
• Subscribe to electronic bank statement
• setup 1 ACH withdrawal or 1 direct deposit

Randolph Bank will also require you to deposit a minimum balance of $100 to open this Extra Mile Choice Checking Account. In case there will be an instance that you don’t meet the requirements of this money in the bank deal, you still earn their base interest rate of 0.10% APY. Aside from this, you get to enjoy some perks like no monthly service fees and get overdraft privileges of up to $500.

This Extra Mile Choice Checking account is only available to individuals residing in the state of Florida, Georgia, South Carolina, Tennessee, Virginia, and North Carolina. You may complete the application form thru the bank’s website to open an account. Check for the latest rates prior to opening since interest rates provided by the bank may change anytime without prior notice and may vary after the opening of the checking account. You may also want to contact their customer service hotline for questions on current rates, application, or other concerns thru 888-4XTRAMILE.

Randolph Bank has branches located in the cities of Cary, Randleman, Asheboro, Burlington, and Mebane in the state of North Carolina. It began providing it’s services in 1978. Currently the bank already has over $290 milliion in declared assets, $240 million total deposit, and approximately 100 employees.

Randolph Bank is a member of Federal Deposit Insurance Corporation with certificate number 22746.