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Bank of Fayetteville 4.00% Checking

Category: Checking Accounts- gotalkmoney.com- 9:08 am/ January 31, 2009

The Bank of Fayetteville is offering a lot more than free checking.  As of today (1/31/2009), the bank is offering a sky high interest rate of 4.00% APY on balance of up to $50,000.  0.50% APY is paid on all balances over $50,000. 

Here’s what you have to do to qualify –

  • Must have at least $100 to open up the account.
  • Make at least 10 VISA CheckCard transactions per month.
  • Make 1 direct deposit or ACH/Electronic payment.
  • You have to receive an E-statement.

If you don’t meet all of these requirements monthly, you get a 0.15% APY on your account.

The checking account features –

  • ATM refunds up to $25 per statement cycle.
  • $1000 overdraft privilege*
  • Unlimited check writing.
  • 24-hour telephone banking.
  • Free online bill pay and banking.
  • Free VISA CheckCard/ATM Card.

Bank of Fayetteville has a 3 star / 5 star Bankrate.com safe and sound rating.  For more information, visit BOF.com.

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