Update 10/9/21: Rate reduced to 1.5%
Update 10/21/20: Rate has been increased back up to 2.00% APY.
Update 3/20/20: Rate reduced down to .75% now.
Update 3/10/20: Rate reduced from 4.05% to 2.00%.
Offer at a glance
- Interest Rate:Â 4.05% APY
- Minimum Balance:Â None
- Maximum Balance:Â $50,000
- Availability:Â Must be a resident of Texas
- Direct deposit required:Â Yes or ACH payment
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems: Yes
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Insured:Â FDIC
The Offer
- Affiliated Bank is offering 4.05% APY on balances up to $50,000 when you complete the following requirements:
- At least 1 direct deposit or ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive E-Statements
Avoiding Fees
This account has no monthly fees to worry about.
Our Verdict
Seems like it’s relatively easy to trigger the requirements and it’s nice that the maximum is $50,000.
Hat tip to reader missjenniferd1

