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Clear Sky Accounts Interest Checking Account

August 11th, 2009

Clear Sky Accounts is offering an interest checking account with the following rates: 1.65% APY for balances up to $10,000, 1.75% APY for $10,000 to $25,000, 1.85% for $25,000 to $250,000, and 0.5% for balances over $250,000. To visit their site click here.

The account has no monthly fees, refund on up to $20 in ATM fees per month, and has an ACH transfer system. There’s a daily limit of $50,000 for outgoing transfers and $100,000 for incoming transfers on the account. You also only get one transfer per day and only 6 outgoing transfers per month. One other thing to note is the account doesn’t have paper checks, which isn’t great considering it’s a checking account. However, with rates this high it might be worth opening an account. There’s no hard credit pull when opening an account.

Clear Sky Accounts is the online banking branch of Chesapeake Bank.

Chesapeake Bank has a strong 4 out of 5 star soundness rating from bankrate and is FDIC insured.

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