St Martin Bank and Trust Co is paying 3.51% APY on its rewards checking account Kasasa Cash.
The deal can be availed by residents of Louisiana on a maximum balance of $10,000 in checking accounts. Deposits exceeding that amount will get only 0.25% APY. For this, they will have to meet a few requirements set by the bank.
Firstly, a minimum of 10 debit card purchases will have to be made in a month. Next, at least one direct deposit or automatic payment will have to be made. You will also have to receive eStatements and use online banking.
