[IL only] Devon Bank Kasasa Rewards Checking Account – 2.5% APY On Balances Up To $10,000

Update 2/25/21: Rate has been reduced to 2.5%

Offer at a glance

• Interest Rate: 3.5% APY
• Minimum Balance: None
• Maximum Balance: $10,000
• Availability: Illinois state only
• Direct deposit required: Yes or ACH credit
• Additional requirements: 12 debit card purchases of $3+
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Insured: FDIC

The Offer

Direct link to offer

• Devon Bank offers a Kasasa Cash checking account that earns 3.5% APY on balances up to $10,000 when the following requirements are met:
  • Have at least 12 debit card purchases with a minimum purchase amount of $3.00 that post and settle
  • Have 1 ACH credit or direct deposit that post and settle
  • Be enrolled in online banking and agree to receive e-Statements

Avoiding Fees

This account has no monthly fees to worry about

Our Verdict

The debit card transaction requirement and low maximum balance make this offer less than appealing. For more high yield nationwide rewards checking accounts click here.

Hat tip to DA