Tri Counties Bank of California believes in providing banking with convenience and improving the financial success of its customers. Towards this end, offers many checking accounts of value to its customers. Its latest offering is a reward checking account called Perfect Choice Checking.

As the name implies, it is the perfect choice for people looking for a free checking account that carries a higher interest and better benefits.

The main features of this checking account are: no monthly maintenance free and no minimum balance requirements.

The Perfect Choice Checking, which is a multi-tiered variable rate account, comes with several benefits. But to be eligible for these benefits on interest rates, there are certain requirements to be met.

A 3.50% APY is applicable on balances up to $25,000 and 1.50% APY on the remaining balance between $25,000 and up. ATM fees of $20 per cycle are also refunded if the monthly eligibility requirements are met.

Monthly Eligibility Requirements:

Must receive the monthly statements electronically at a valid email address.
Must have one direct deposit or one ACH debit or one Electronic TCB BillPay transaction during the qualification cycle.
Must make 12 check card point-of-sale transactions per qualification cycle.
If the above requirements are not met by the account holder, the APY remains at a standard 0.10% on all balances.

The minimum needed to open the Perfect Choice Checking account at Tri Counties Bank is $100. Account holders are provided with one free Pocket Pack checks with 50 leaves. They also have the privilege of availing a good rate on the new installment loan that comes with an automatic funds transfer facility too.

Account holders can perform all their banking transactions from the comfort of their homes and offices, with the convenience of free online banking. The bank also offers free BillPay facility and $500 overdraft privilege.

Tri Counties Bank is FDIC insured since 1975, which is one of the most important features that people look for when trusting a bank with their money.

In spite of the APY of 3.50% not being excellent when compared to some other banks, this can be advantageous for people residing in California, as locally there are not many banks or credit unions offering these accounts.

Tri Counties Bank has 57 branches spread all over California, in 23 counties, some of which include Chico, Bakersfield, Fresno, Sacramento, Modesto, Yuba City, Redding and Roseville.