3.55% APY best reward checking account interest rate with First National Bank ; local money in the bank deal in Louisiana

Consumers in Louisiana has a good opportunity to make most of the high yield reward checking account offered by the First National Bank .The Kasasa branded checking account coming with a savings account has the following interest rates:

· 3.55% APY for deposits through $15,000

· 0.55% APY given to portions above $15K

· Base interest rate of 0.05% APY when requirements are not satisfied

· ATM fee reimbursement of up to $25 every month

The Kasasa Saver has the following current interest rates:

· 1.55% APY for deposits through $15,000

· 0.55% APY for funds above $15K

· Base interest rate of 0.05%

The best checking account requires that an account holder complete at least 12 purchases using the debit car, make a direct deposit or an automatic payment of bills, and opt for an electronic statement.

You need to suffice the requirements for the Kasasa Cash so you can enjoy the best interest rates of the Kasasa Saver. Both the checking account and the accompanying savings account do not collect monthly fees and does not have any balance requirements.

This checking account and savings account can be opened by qualified individuals from any state. There is an online application which you can complete. The First National Bank is a small bank and it is most likely to see a change in policy with regard to this account. It will be wise to call the bank first before opening it online to know about the latest interest rates, fees, and other important information.

When we look at the other reward checking accounts offered nationwide by other banks, this one has a very good interest rate. The cap though is a down side.

The bank is headquartered in northern Louisiana. First National Bank is a member of the FDIC.

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Posted on 8th January 2011 by Randell in Reward Checking Accounts

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