# Local Bank High Interest Rewards: 5.00% APY

Canonical: https://dealaka.com/offers/local-bank-high-interest-rewards

- Status: Limited reports
- Bonus: 5.00% APY
- APY: 5.00% (ongoing APY)
- Requirement: Meet simple monthly qualifications, no monthly fees
- Expires: no published end date
- Availability: Nationwide
- Institution: Local Bank
- Verified: Aug 2, 2026 against mylocal.bank
- Field reports: 0

## Summary
Earn 5.00% APY on everyday checking when you meet simple monthly qualifications. No monthly fees, free debit card, and nationwide ATM reimbursements. Restrictions apply.

## Requirements
1. Apply through the offer page to open the High Interest Rewards.
2. Complete the requirement: Meet simple monthly qualifications, no monthly fees.

## Fine print that matters
- Restrictions apply
- Annual percentage yield (APY) accurate as of 1/1/26
- Rates may change at any time
- Fees may reduce earnings
- Member FDIC

## Sources
- mylocal.bank rate page <https://www.mylocal.bank/> (checked Aug 2, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._