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POLL: For US "bank crisis" what would YOU do?
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<p>[QUOTE="Rassi, post: 1675103, member: 22149"]That low interest rate is not uncommon. Most checking accounts pay paltry interest, if any at all. </p><p><br /></p><p>I have had what is called a "Reward Checking" account for close to 10 years now. Back in the day when I opened it, it paid 5% interest, had no minimum balance, and no account service fees. ATM transactions were reimbursed as well. Requirements were only to get your statement online, have a direct deposit monthly, and 10 check-card transactions a month. With interest rates falling, the interest rate has fallen over the years to 3% today, but that's still head-and-shoulders above most accounts, including CDs, and my money is entirely liquid.</p><p><br /></p><p>If you're interested, do a google search for "Reward Checking" accounts and you'll find quite a few banks still offer them.[/QUOTE]</p><p><br /></p>
[QUOTE="Rassi, post: 1675103, member: 22149"]That low interest rate is not uncommon. Most checking accounts pay paltry interest, if any at all. I have had what is called a "Reward Checking" account for close to 10 years now. Back in the day when I opened it, it paid 5% interest, had no minimum balance, and no account service fees. ATM transactions were reimbursed as well. Requirements were only to get your statement online, have a direct deposit monthly, and 10 check-card transactions a month. With interest rates falling, the interest rate has fallen over the years to 3% today, but that's still head-and-shoulders above most accounts, including CDs, and my money is entirely liquid. If you're interested, do a google search for "Reward Checking" accounts and you'll find quite a few banks still offer them.[/QUOTE]
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