Posted by William Charles on May 6, 2018
Savings Accounts

Published on May 6th, 2018 | by William Charles

5

[LA only] Bank of Ruston: Priority Checking Account 4% APY On Balances Up To $15,000

Offer at a glance

  • Interest Rate: 4% APY when requirements are met
  • Minimum Balance: None
  • Maximum Balance: $15,000
  • Availability: Available to Louisiana residents only
  • Direct deposit required: ACH credit or debit
  • Additional requirements: eStatements or 12 debit card purchases
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: Unknown 
  • Monthly fees: None
  • Insured: FDIC

The Offer

Direct link to offer

  • Bank of Ruston’s priority checking is offering a 4% APY rate on balances of up to $15,000 when the following requirements are met:
  • If requirements are not met you earn 0.05% APY, balances over $15,000 earn 0.75% APY when balances are met.

 

Avoiding Fees

This account has no monthly fees to worry about. If you meet the requirements for the 4% APY rate then they also refund ATM fees up to $25 per month.

Our Verdict

The nice thing about this account is that a direct deposit is not required, any ACH debit or credit will work. It’s also 4% APY on balances up to $15,000. This is definitely one of the best high yield savings accounts for those living in Louisiana.

 



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NN
NN

huh, that one is new, until recently the Kasasa checking they offered is 3% at $10,000 max
tempting …

Dakota
Dakota

I talked to the Bank of Ruston and they said they are having issues with opening accounts online. If you email them your info they can send you out an application in the mail.

NN
NN

I’m in LA, opened my account last month, no hard pulls, not sure if they used Chex though. If they did, definitely not Chex sensitive since mine is LoL/24

They also have a priority saving which is link to the priority checking with 2% APY of balance up to 15,000$, as long as you finish the requirements on the checking, the saving will auto get the 2% rate.

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