Available in Kentucky and Tennessee, First Advantage Bank is offering a 3.50% APY Rate for their Maximum Earnings Reward Checking account. Read below for more information on their eye-catching accounts and rates.
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First Advantage Bank Max Earnings Reward Review
First Advantage Bank was established in 1954 and they are well adapted to the ever evolving changes in the banking platform. They have the technology, customer services, and financial tools that their clients will need for their financial future. Additionally, there are some great account features that you’ll be able to make use of as well.
In addition to the rate from First Advantage Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll go over First Advantage Bank Maximum Earnings Reward Checking below.
First Advantage Max Earning Rewards Checking Rate
Once you’ve applied for their Maximum Earning Rewards Checking account, you’ll be able to start maximizing your savings and it will only take a few minutes to open.
- What you’ll get: 3.50% APY up to $9,999.99
- Eligible account: Maximum Earning Rewards Checking Account
- Credit inquiry: Hard Pull
- Where it’s available: KY, TN
- Opening Deposit: $100
- Monthly fee: Yes, $7 if you don’t maintain the minimum balance of $100 and sign up for eStatements.
- Early Termination Fee: None
(FDIC Insured)
How to Earn the Max Earning Rewards Checking Rate
- Open a new checking account
- Enroll in eStatements
- Set up an automatic direct deposit or ACH to your account for every statement cycle.
- Make at least 10 transactions on your debit card (10 per cycle, have to clear the account during the statement cycle).
Balance Requirement | APY Rate |
$0 – $9,999.99 | 3.50% |
$10,000 – $49,999.99 | 1.25% |
$50,000+ | 0.50% |
First Advantage Bank Account Features
- First Advantage Debit Card
- Online Banking
- Online Bill Pay
- Unlimited Check Writing
- Account Alerts
- Combined Statements Available
- Identity Restore
- Unlimited refunds for NON-FAB ATM transactions when requirements are met
- Overdraft Protection Available
Conclusion
Overall, if you open an account with First Advantage Bank, you’ll be able to earn their high APY rate that comes with it. However, keep in mind that they have a hard pull on their account which will damage your credit score. They have lots of account perks that you’ll make use of, and their account will act like a safety net for your future financial needs.
However, if you do not live in the states listed or are not currently interested, then be sure to check out our list of Best Reward Accounts for more information!
Let us know about your experience with this bank and comment below.
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