High Yield Checking Deals
Friday April 25, 2008
Ken from Bank Deals has a new website. As you may have guessed from the name above, you can search for high yield checking accounts small banks and credit unions in your area. He introduces the concept as follows:
"How would you like a checking account that pays higher interest rates than CDs and online savings accounts?"To qualify you have to jump through some hoops, which are summarized here. Ken has done a great job with the Bankdeals site, and from what I can tell he's put the same level of quality into his new site: High Yield Checking Deals.
Other interest-bearing payment accounts:
Comments
Support a local business, make more money and gain better benefits and don’t deal with hidden fees and corporate customer support. High interest rate checking accounts with BancVue are a win win even if some of the rates have dropped.
I’m getting really competitive rates with a product called easyGROW Checking at First Bank & Trust. You can go to http://www.easyGROWchecking.com for the info (including the current interest rate); but to summarize, it is a free high-yield account that also offers ATM fee refunds when I meet the three qualifications: using my debit card at least ten times, receiving e-Statements, and having a least one direct deposit or automatic payment each cycle. I do all of those things anyway, so it’s been really easy for me to qualify…and they send me an email each month to let me know if I met the qualifications. I have to admit, I love not having to worry about whether or not an ATM is on my network, and the interest is already starting to add up. It only takes $100 deposit to open the account, and there is no minimum balance.