The Sutton Bank offers a their best savings account that targets those with a reward checking account with them. The current interest rate for this high yield savings account is 2.25% APY through all balances. given that the account holder satisfies the requirements of the reward checking account.

The interest rate of the savings account will drop to 0.25% APY if the checking account requirements are not met.

The interest rate of 2.25% APY is very competitive especially in the current state of the market. It may be a bit difficult to find a savings account deal which goes at this interest rate or higher.

The savings account may be a practical choice for those who will put in over $25,000 and do not want to get an extra checking account. Another option if you have more funds to roll is to get several good reward checking account but one down side of that is you need to meet several requirements for each account.

A savings account giving a high interest rate connected to a rewards checking account is the best choice if you want to avoid the hassle. The bank does not collect any service fees nor does it impose any balance requirements.

This money in the bank deal is exclusive to residents of Kentucky, Indiana, Michigan, and Ohio. You can find an application form online.

Sutton Bank has branches spread across some cities in Ohio. The bank is insured with the FDIC and has certificate number 5962.