Hustlerama

First Arkansas Bank & Trust (FABaT) is offering a 6.06% APY reward checking account called FirstNet Checking. They will also refund all ATM fees. The minimum opening balance is $100. There are no minimum balance requirements or monthly fees. You must meet the the following monthly requirements:

1. 10 point of sale debit card transactions
2. One monthly direct deposit or ACH auto debit or make one online bill payment
3. Receive e-statements
4. Sign in to your online banking account.

From the website FAQ:

• No free checks
• All account holders receive the reward yield during the first statement cycle
• They will email you at the end of each statement cycle to notify you if you have qualified for the reward yield
• All ATM refunds will be automatically credited at the end of the statement cycle if all requirements have been met
• No limits on ATM refunds
• ATM fees assessed anywhere in the world are refunded
• DBAs (sole-proprietorship accounts), non-profit organizations, governmental units and funds held by a fiduciary may use this account

Again, this account is available nationwide and anyone can join. You can apply online, but you will be required to send a signature card, a copy of your driver’s license, and a copy of a recent utility bill. A banking representative will contact you for more info.

Most people stay away from these kind of accounts because of the 10 debit requirements from your checking. I wrote extensively how to take advantage of donation of $1 each month so you don’t have to worry about it.

American Express SimplyCash Business Card

• Earn 5% cash back on gas, office supplies and wireless services
• Earn 1% on cash back on virtually all other purchases
• No limits to the cash back you can earn
• Cash back is automatically credited to the statement each month
• 0% introductory APR for the first 12 months
• No fee with the flexibility to pay in full or carry a balance
• OPEN Savings® : Automatic discounts with FedEx, Delta®, Courtyard by
  Marriott®, and more

Apply Now!