Alabama Bank (Noble) 6.01% Rewards Checking Account

Alabama Bank (Nobel Bank & Trust) is currently offering a 6.01% APY high yield rewards checkng account called Nobel Horizons. This reward checking account has no monthly fees and minimum balanace requirements. It will also refund ATM fees only if the following monthly requirements are met: 1.) 12 Debit Card Transactions, 2.) Set up a Direct Deposit or ACH Auto Debit, 3.) Recieve electronic statements instead of mail. If you open an account and fails to meet the monthly requirements, your account will still function as a free checking account earning 0.25%APY.

Please note that the 6.01% APY is only available for balances up to $25,000. If the balance exceeds that the limit, the account will earn 6.01% APY for the $25,000 and 1.01% APY for any amount over the maximum allowable.

Bankdeals noted that this rewards checking account will mostly likely require a bank branch visit to open. Branches are located in Anniston and Oxford in the state of Alabama.