bank rates

Earn 4.30% With Royal Banks Checking

Add a new bank to our list of the top-paying, high-yield checking accounts. It’s Royal Banks of Missouri, a 40-year-old institution with six branches in the St. Louis area.

This Missouri bank joins our list of the top-paying, high-yield checking accounts. The Majestic Checking Account pays 4.30% APY on balances up to $25,000.

That’s the second-best rate we know of on a nationally-available high-yield or reward checking account and the rules are pretty standard.

You just have to make 10 point-of-sale debit card transactions and one direct deposit or automated payment every month to qualify for that rate and other perks.


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Comments (2)
1 Star2 Stars3 Stars4 Stars5 Stars (8 votes, average: 3.50 out of 5)
2 Existing Comments
  1. RateNerd said:
    on October 16th at 09:02 am

    This is a nice deal – I would be thrilled with 4.3%. We just did a round up of some of the top checking account incentive deals that are out there, including $220 from Charter One to get you to switch.

    Generally speaking, all these checking accounts have certain minimum activities you need to perform to get the offer bonuses. These typically include: setting up a direct deposit, making a minimum number of debit card transactions, enrolling in online banking, and going paperless with online statements.

  2. Henry said:
    on October 31st at 01:05 pm

    This is the second best nationally available RCA, next to Sierra. 4.3% is a good rate, too. Just wondering how long will this lasts, now that the popular FAB&T also dropped their rate significantly (4.44% to 3.5%). There is no safe harbor anywhere. Any RCA can be the best for one day and the worst the next day. I am getting my hub (AllY0 ready to do instant rate hopping. What else can a customer do??