Account Details
| Minimum Opening Deposit | $100 |
| Minimum Balance | $0.01 c |
| Interest Paid | Yes |
| Monthly Service Charge | None |
Reward Yourself with R Best Checking Account!
Our highest interest-bearing personal checking account, R Best Checking, simplifies your personal finance with an array of convenient banking services and premium interest rates. R Best Checking pays you a premium rate of interest without asking for a monthly maintenance fee. To start earning the premium interest rate, simply meet the criteria, which are all everyday things that you most likely already do.
Earn a high rate of interest and get ATM fee refunds when you meet the simple qualifications! Limit two (2) accounts per tax identification number. In order to receive the maximum interest rate and ATM fee refunds, simply do the following:
- Have one (1) recurring Direct Deposit or ACH automatic credit post and settle in a minimum amount of $250 to your account per qualification cycle
- Have six (6) or more transactions post and settle per qualification cycle by using the R Bank Cash & Check Card (excluding ATM transactions)
- Enroll and receive an electronic statement (e-statement)
A base rate of interest will be earned on all balances if qualifications are not met. ATM refunds are awarded up to the amount of $20 each cycle when qualifications are met.
*When your R Best Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $10,000 in your R Best Checking account earn an interest rate of 2.47% resulting in an annual percentage yield (APY) of 2.50%. The daily balances over $10,000 earn an interest rate of 0.10% resulting in a range from 2.50% to 0.10% APY, depending on the account’s daily balance.
A minimum deposit of $100.00 is needed to open account. The Annual Percent Yield is current as of the published date. Interest rates are subject to change. Contact us for current APY.
Why choose R Best Checking?
Online Banking
You’re busy, we understand. That’s why our tech savvy online banking tools offer all of the solutions you need to fit your busy lifestyle.
Mobile Wallet
Forgot your wallet? No problem! Add your R Bank debit card to your mobile wallet and pay right from your smart phone. Technology you need, convenience you deserve.
Highest Interest-Bearing Checking
To start earning the premium rate, simply meet the requirements, which are things you most likely do everyday!
Not the right fit? Consider these options:
Ea$y Checking Account
R Bank Ea$y Checking is a personal checking account designed to meet the requirements of modern banking. This non-interest-bearing checking account offers a pay-per-swipe reward and overdraft privilege as a standard feature.
Refresh Checking Account
The Refresh Checking account is for anyone but designed for those just starting out or needing a fresh start with their banking journey.
Income Checking
The income checking account is designed to make your money work harder for you. With this interest-bearing account, your money will work harder for you, growing your money effortlessly over time.
Business Checking
Are you looking for a business checking account? For every style of business, R Bank has a business bank account that fits your profile.