Coastal Community and Teachers Credit Union headquartered in Texas offers some attractive interest rates for their best checking account called Bonus Checking. This reward checking account has a low cap but the high interest rates make-up for that. Here are the current interest rates for this checking account:

· 4.33% APY for deposits between $0.01 to $10,000

· 1.00% APY for portions of the funds above $10K

· 0.10% APY base interest rate when the requirements are not met

· Reimbursement of ATM fees incurred anywhere in the US

In order to enjoy the best interest rates you need to suffice the following monthly requirements: use the check card for at least 10 purchases; set up a direct deposit or an ACH debit; use online banking. You also have to opt for electronic bank statements instead of receiving the usual paper statements.

The account requires an opening balance of $50. There is no monthly service fee for this checking account. The check card may involve some annual fee plus some other restrictions which may apply. Earnings are paid every month and posted at the end of each statement cycle.

For a $5 monthly fee, you can get access to their Advantage Benefits Package for the checking account. Some great perks include personalized checks, waived annual fee for the check card, overdraft privilege, free notary service, and other free or discounted services which may come handy in the long run.

The Coastal Community and Teachers Credit Union welcomes individuals who live or are employed in the counties of Duval, Nueces, Kleberg, Aransas, San Patricio, and Jim Wells in Southeast Texas to sign up. They also have a long list of employers groups which may help you join.

The bank is under charter number 68482 of the NCUA.