Home › Forums › Financial Markets/Economics › REWARDChecking accounts often had a top yield of 6.01 percent. Currently, the top yield is 5.15 percent.
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March 25, 2009 at 1:14 PM #15366March 25, 2009 at 4:30 PM #372929SD RealtorParticipant
Funny I read the same story you did. I clicked on the link that lead to checking finder. I checked on the 5.15% yield. This particular yield is offered from a certain type of checking account offered by a credit union in wisconsin. They are hoping to hold the rate at least until june but cannot make any gaurantees. Still though, it blows away CD rates. Conditions are as follows:
The rate is offered for balances under 25k.
You need to set up free bill pay and use it at least 1 time per month.
You need to set up direct deposit.
You need to set up an estatement as opposed to snail mail.
They will assign an debit card to you that you need to use to make purchases of items 15 times a month.These accounts are available to residents out of state. They even are avialable to small businesses provided your structure is an llc or a propreitorship.
Honestly does not “appear” to be a bad deal.
March 25, 2009 at 4:30 PM #373210SD RealtorParticipantFunny I read the same story you did. I clicked on the link that lead to checking finder. I checked on the 5.15% yield. This particular yield is offered from a certain type of checking account offered by a credit union in wisconsin. They are hoping to hold the rate at least until june but cannot make any gaurantees. Still though, it blows away CD rates. Conditions are as follows:
The rate is offered for balances under 25k.
You need to set up free bill pay and use it at least 1 time per month.
You need to set up direct deposit.
You need to set up an estatement as opposed to snail mail.
They will assign an debit card to you that you need to use to make purchases of items 15 times a month.These accounts are available to residents out of state. They even are avialable to small businesses provided your structure is an llc or a propreitorship.
Honestly does not “appear” to be a bad deal.
March 25, 2009 at 4:30 PM #373542SD RealtorParticipantFunny I read the same story you did. I clicked on the link that lead to checking finder. I checked on the 5.15% yield. This particular yield is offered from a certain type of checking account offered by a credit union in wisconsin. They are hoping to hold the rate at least until june but cannot make any gaurantees. Still though, it blows away CD rates. Conditions are as follows:
The rate is offered for balances under 25k.
You need to set up free bill pay and use it at least 1 time per month.
You need to set up direct deposit.
You need to set up an estatement as opposed to snail mail.
They will assign an debit card to you that you need to use to make purchases of items 15 times a month.These accounts are available to residents out of state. They even are avialable to small businesses provided your structure is an llc or a propreitorship.
Honestly does not “appear” to be a bad deal.
March 25, 2009 at 4:30 PM #373428SD RealtorParticipantFunny I read the same story you did. I clicked on the link that lead to checking finder. I checked on the 5.15% yield. This particular yield is offered from a certain type of checking account offered by a credit union in wisconsin. They are hoping to hold the rate at least until june but cannot make any gaurantees. Still though, it blows away CD rates. Conditions are as follows:
The rate is offered for balances under 25k.
You need to set up free bill pay and use it at least 1 time per month.
You need to set up direct deposit.
You need to set up an estatement as opposed to snail mail.
They will assign an debit card to you that you need to use to make purchases of items 15 times a month.These accounts are available to residents out of state. They even are avialable to small businesses provided your structure is an llc or a propreitorship.
Honestly does not “appear” to be a bad deal.
March 25, 2009 at 4:30 PM #373385SD RealtorParticipantFunny I read the same story you did. I clicked on the link that lead to checking finder. I checked on the 5.15% yield. This particular yield is offered from a certain type of checking account offered by a credit union in wisconsin. They are hoping to hold the rate at least until june but cannot make any gaurantees. Still though, it blows away CD rates. Conditions are as follows:
The rate is offered for balances under 25k.
You need to set up free bill pay and use it at least 1 time per month.
You need to set up direct deposit.
You need to set up an estatement as opposed to snail mail.
They will assign an debit card to you that you need to use to make purchases of items 15 times a month.These accounts are available to residents out of state. They even are avialable to small businesses provided your structure is an llc or a propreitorship.
Honestly does not “appear” to be a bad deal.
March 25, 2009 at 8:51 PM #373053equalizerParticipantThis one is only 4.5%, but has less restrictions:
Focus Bank
Jonesboro, AR* Minimum of 10 debit card purchases (ATM usage does not count toward the 10 purchases)
* Receive your monthly account statement electronically
* Sign in to your online banking account at least onceMarch 25, 2009 at 8:51 PM #373665equalizerParticipantThis one is only 4.5%, but has less restrictions:
Focus Bank
Jonesboro, AR* Minimum of 10 debit card purchases (ATM usage does not count toward the 10 purchases)
* Receive your monthly account statement electronically
* Sign in to your online banking account at least onceMarch 25, 2009 at 8:51 PM #373553equalizerParticipantThis one is only 4.5%, but has less restrictions:
Focus Bank
Jonesboro, AR* Minimum of 10 debit card purchases (ATM usage does not count toward the 10 purchases)
* Receive your monthly account statement electronically
* Sign in to your online banking account at least onceMarch 25, 2009 at 8:51 PM #373336equalizerParticipantThis one is only 4.5%, but has less restrictions:
Focus Bank
Jonesboro, AR* Minimum of 10 debit card purchases (ATM usage does not count toward the 10 purchases)
* Receive your monthly account statement electronically
* Sign in to your online banking account at least onceMarch 25, 2009 at 8:51 PM #373509equalizerParticipantThis one is only 4.5%, but has less restrictions:
Focus Bank
Jonesboro, AR* Minimum of 10 debit card purchases (ATM usage does not count toward the 10 purchases)
* Receive your monthly account statement electronically
* Sign in to your online banking account at least onceMarch 25, 2009 at 9:47 PM #373531SandiagonParticipantI am OK with all restrictions, except 10 purchases with checkcard. I would like to use my Amex, Master and Visa. All my cards have cash back.
March 25, 2009 at 9:47 PM #373689SandiagonParticipantI am OK with all restrictions, except 10 purchases with checkcard. I would like to use my Amex, Master and Visa. All my cards have cash back.
March 25, 2009 at 9:47 PM #373575SandiagonParticipantI am OK with all restrictions, except 10 purchases with checkcard. I would like to use my Amex, Master and Visa. All my cards have cash back.
March 25, 2009 at 9:47 PM #373356SandiagonParticipantI am OK with all restrictions, except 10 purchases with checkcard. I would like to use my Amex, Master and Visa. All my cards have cash back.
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