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Alabama Rewards Checking Accounts

Below are banks and credit unions that offer rewards checking accounts nationally and also for Alabama. Rewards checking accounts offer a higher interest rate up to a certain balance level in exchange for the user doing certain activities. These requirements may include using a debit card a certain number of times each month, using bill pay, or setting up a direct deposit to the account. In general, the accounts offer significantly higher interest rates on deposited money. Once the user goes over the deposit limit, the rewards checking account rate will drop.

Rewards Checking Accounts - Alabama - October 15, 2018

InstitutionS APY MILES? MAX
ALABAMA TEACHERS

Restrictions
2.50% 540.43 $15,000
FAMILY SAVINGS
2.50% 568.97 $15,000
NobleBank & Trust
2.01% 557.39 $15,000
LEGACY COMMUNITY

Restrictions
2.00% 611.27 $15,000
Friend Bank
1.50% 684.73 $20,000
NEW HORIZONS

Restrictions
1.00% 275.35 $10,000
Peoples Bank of Alabama
0.60% 550.49 $25,000

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