[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:
  • Have 12 debit card purchases post and settle to your account [Read: How To Meet Minimum Debit & Credit Transaction Requirements]
  • Receive eStatements
  • Have at least one ACH debit or credit post and settle
• 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.