The Bank of Wichitas is still offering their best checking account that has a top yield of 4.00% APY for balances through $10,000. Amounts above this set cap gains 1.00% APY. The reward checking account also reimburses ATM fees incurred worldwide if the account holder completes at least 10 purchases using the check card and opts to receive electronic statements.

The base interest rate for the checking account is 0.25% and is given if the monthly requirements are not sufficed. The bank does not collect monthly service fees and does not set any minimum balance requirements.

This reward checking account is being offered by the Bank of Wichitas through the Redneck Bank. It definitely gains some attention being offered through Redneck but how many will be comfortable opening an account through the online bank is on a let’s see basis.

The online application for this reward checking uses the platform of the CashEdge service. Electronic funding can also be done as part of the features of CashEdge.

Interested individuals from any state can take advantage of this money in the bank deal. ACH transfer limits on a daily basis are set to $1500. It might be wise to use another online bank to pull and push funding.

Redneck Bank operates as the online banking division of Wichitas Bank headquartered in Oklahoma. Last year’s review of bankrate.com and BauerFinancial issued 4 stars and 3.5 stars, respectively.

Wichitas Bank is insured with the FDIC through certificate # 4198.