Commonwealth Bank & Trust Company - Banks Article - bank, banks, reward checking

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Commonwealth Bank & Trust Company

Article Submitted by: BankMan
Banks

Tags: Bank, Banks, Reward checking.

Commonwealth Bank and Trust Company is a Kentucky-based bank rated 4 stars (sound) by Bauer Financial. The bank has been FDIC insured since 2006.

Submitted: Sep 16, 2009 Views: 398 Comments: 2 Likes: 1

Commonwealth Bank and Trust Company is a Kentucky-based bank rated 4 stars (sound) by Bauer Financial. The bank has been FDIC insured since 2006.

The bank offers a reward checking account paying 4.50% APY on balances up to $25,000 (1.01% for above) and refunds ATM fees of up to $25 per cycle if the following monthly requirements are met:

10 debit card purchases
one direct deposit or ACH debit
receive electronic statements

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Comments Received:

Mike
(Unregistered)

Only available to residents of OH, KY and IN.

Posted: Nov 8, 2009

Linda
(Unregistered)

I opened an "Extreme" checking account after finding it on this site. Over the past month, I have had some of the best service from online as well as phone reps I have ever received. They make setting up an account very easy, and if you run into a snag, give them a call and they will walk you through any part of the enrollment, transfer or funding process. I received my debit card 7 days after opening the account online,and my free checks 4 days after requesting them. They even email you to let you know that you've met all the requirements for the 4.50% interest rate. Yes, you have to be a resident of one of 3 states to qualify, but it certainly pays if you do!

Posted: Nov 18, 2009

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