KANZA Bank headquartered in Kansas offers their best reward checking account known as the KANZARewards Checking. This best reward checking account has the following interest rates given that you meet certain monthly requirements:

• 3.00% APY for balances through $25,000
• 1.00% for deposits above $25K
• 0.05 base interest rate if the monthly requirements are not sufficed
• Unlimited refund of ATM fees incurred anywhere in the US

You need to meet the following monthly requirements to enjoy the best interest rates:

• Complete 12 purchases using the debit card
• Set up a direct deposit or an auto debit via ACH
• Receive electronic statements

Interested individuals can open an account for as little as $100. The bank does not collect monthly service charges and do not require maintenance of any minimum balance. You will also get free access to their online bills payment system.

We asked the bank if they accept applications from any state and the customer service representative confirmed that they do. You can complete an online application if you want to take advantage of the current interest rates. You will be required to mail in a copy of your social security card and driver’s license as part of the application process.

Please check with the bank if they accept applications from your state. A lot of small banks change their policies often with regard to these accounts. The interest rates can also be changed any time so please ask for the latest figures.

The bank is based in Kingman, Kansas and they also have branches in Wichita and Anthony.

The financial ratings of KANZA are above average. Bankrate.com issued 4 stars for soundness and safety based on their March 2009 collected data while BauerFinancial stamped their performance report with 3 ½ stars based on their June 2009 data.

KANZA Bank is a member of the FDIC with certificate number 13157.