6.0% Checking Account!!
Link

Applicable only for WA State Residents


Accelerator Checking Account Benefits:
-Earn 6.00% APY dividend, no minimum balance
-Refunds on any ATM surcharges
-Free online banking and Bill Payer
-Free e-mail notices of monthly activity

Account Requirements:
-Conduct 12 debit card transaction per month
-Sign up for e-statements
-Access online banking at least once a month


Who is eligible?
* Work or reside in Thurston, Lewis, Grays Harbor, Clark, Pierce, Whatcom, Snohomish, Mason, Cowlitz, Pacific, Wahkiakum, Kittitas, Kitsap, and/or King counties.
* Work, or reside within the boundaries of the following school districts in King County: Auburn, Bellevue, Northshore, Enumclaw, Federal Way, Issaquah, Kent, Lake Washington, Tahoma, Mercer Island, Renton, Seattle, Highline, Shoreline, Snoqualmie Valley, Riverview, Tukwila, Vashon Island, Skykomish.
* Approved Preferred Business Partner.
* Retired from the previously listed fields of membership.
* Relative of a member in good standing.

via Bankdeals guy...

Called them..
Update:
Hardpull (Chexsystem)
Need $25min Savings Account

What kind of stupid requirement is it to conduct 12 debit card tx / month!

Awesome find. I am in MD. Who can be my relative?

Man I just see the thread now. Just pay you cable bill every month in $1.01 increments to statify the 12 debit cards transactions per month.

Anyone know if you can you sign up for an account 100% online? No need to go into branch to sign a signature card?

I can get a PO box in one of those counties and claim to live there

jairocon said:I wonder what their track record is - if this is a new checking account, or if it has been around for a while and if it has, what's the rate history on it. If it's not gonna last longer than a few months - it might not be worth all the trouble of getting into this CU.

Good point....might be like the current HSBC deal, and only last for a few months...as far as the 6% rate is concerned...And since it probably is a bit tricky to qualify for, and that you have to do all those debit transactions every month...So those are things to consider....

WhiteGuy said:Anyone know if you can you sign up for an account 100% online? No need to go into branch to sign a signature card?

I can get a PO box in one of those counties and claim to live there

Why bother? Just get a Membership in Korean Women's Association for $30 bucks 1X fee. And you can open the account via mail.

I had asked for a membership package by mail couple of days back. I got the package yesterday.

Even tho the CSR told I need to be there in person to signup, the membership package says otherwise. It has a form called "Mail-in New Membership Application"

Everything can be done without a visit to the b&m bank, you just need to send them a *notarized* signature card.

CSR also told they only do a soft pull, and can linkup many ACH external transfers.

The 12 debit card transactions requirememt is a big problem for those of us looking for rates for parked money, not a primary checking account (which is probably most of us). Even with my own main checking account, there are months where I don't come close to 12 debits.

sfchris said:The 12 debit card transactions requirememt is a big problem for those of us looking for rates for parked money, not a primary checking account (which is probably most of us). Even with my own main checking account, there are months where I don't come close to 12 debits.

I want to use the account to park money and I don't see this as a problem at all. If I am washing $100,000 a month, every day counts and to be able to keep it in this checking account rather than transferring out of some savings account, this saves me real money. Also, the atm rebates save me real money. And the higher interest rate makes me real money. Money is fungible and if you don't need "separate" accounts to keep your 0% BT money in order, this account is the best thing ever. You can even set up your Chase cards to automatically debit the minimum payment from this account so that all you have to worry about is manually paying the balance in full at the end of your offer.

I use a debit card for lunch every day. With the interest I am earning on this account I will basically be eating my lunch for free and my "free lunch" will help ensure I am getting the free atm withdrawals and the super yield. Its a wonderful circle of life and I am happy as can be until they lower the rates below emigrant, amtrustdirect (5.36) or HSBC....