Cedar Rapids Bank and Trust is promoting their high interest rate rewards checking account. This money in the bank is called MAXX Checking. The bank let’s you earn 4.00% APY interest rate when you have balance on you checking account of up to $25,000. They will also let you earn 0.20% APY interest rate for your balances exceeding the $25,000 cap. You will also get $20 refund for ATM surcharges when you satify the following requirements:

• make transactions using your check card at least 15 times at the point of sale
• use internet banking
• subscribe to online bank statement
• setup atleast one debit or direct deposit

In case you do not meet the requirements listed above, you do not have to worry since you will still earn the base interest rate of 0.10% APY. Not only that, you still get another chance to earn this best interest rate on the follwing month. These current rates provided by Cedar Rapids Bank and Trust may change any time without notice.

Interested individuals who want to open an account with Cedar Rapids Bank and Trust may visit their office to apply. The bank only requires a minimum deposit of $100 to open an account. You may also enjoy the perks of openning this MAXX Checking account like free first order of checks, free use of safety deposit box for the first year, no minimum balance requirement and no monthly service fee.

Cedar Rapids Bank and Trust has two branches in Cedar Rapids in the state of Iowa. You may also call the bank’s customer service line if you have questions regarding their MAXX Checking and other concerns thru 1866-511-2728.

Cedar Rapids Bank and Trust started to provide their services in 2001. The bank is a growing company with a declared total assets of $547.9 million.

Cedar Rapids Bank and Trust is a member of Federal Deposit Insurance Corporation with certificate number 57244.