Comments on: Getting Paid to Play: High-Stakes Checking http://www.mint.com/blog/saving/high-interest-checking/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Sat, 11 Feb 2012 21:46:28 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: fritz petersen http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-45643 fritz petersen Sat, 13 Feb 2010 17:01:44 +0000 http://www.mint.com/blog/?p=8102#comment-45643 i had one of these accounts but now an looking. they are variable rate and when the rate starts to decline it declines rapidly. mine went from 5% to less than 2% in 5 months. that's the real catch. i am trying to find another bank that has the same features which is why i came here. it was a great ride until now and i am hoping to find another.. i had one of these accounts but now an looking. they are variable rate and when the rate starts to decline it declines rapidly. mine went from 5% to less than 2% in 5 months. that’s the real catch. i am trying to find another bank that has the same features which is why i came here. it was a great ride until now and i am hoping to find another.. ]]> By: Dan Mahoney http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44646 Dan Mahoney Tue, 26 Jan 2010 16:07:49 +0000 http://www.mint.com/blog/?p=8102#comment-44646 CheckingFinder Dot Com CheckingFinder Dot Com ]]> By: Gen http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44573 Gen Mon, 25 Jan 2010 09:19:10 +0000 http://www.mint.com/blog/?p=8102#comment-44573 I found this link with a list of institutions offering reward checking. http://www.depositaccounts.com/checking/reward-checking-accounts.html I found this link with a list of institutions offering reward checking.
http://www.depositaccounts.com/checking/reward-checking-accounts.html ]]> By: BankFriends http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44544 BankFriends Sun, 24 Jan 2010 05:39:15 +0000 http://www.mint.com/blog/?p=8102#comment-44544 Almost all the reward checking accounts require 8-15 transactions with your debit card each month. In addition, they usually require that you enroll in e-statements, set up one direct deposit or ACH auto debit and access online banking. Raritan Bank Federal Credit Union requires 8 debit card purchases, Capital Bank and Keystone Bank require 10 debit card purchases. Almost all the reward checking accounts require 8-15 transactions with your debit card each month. In addition, they usually require that you enroll in e-statements, set up one direct deposit or ACH auto debit and access online banking. Raritan Bank Federal Credit Union requires 8 debit card purchases, Capital Bank and Keystone Bank require 10 debit card purchases. ]]> By: Sara http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44511 Sara Sat, 23 Jan 2010 02:45:17 +0000 http://www.mint.com/blog/?p=8102#comment-44511 I know quite a few banks that offer a high yield checking account. If you go here: http://www.bankfriends.com/tags/checking-account you'll see deals posted for Keystone Bank, Cross Keys Bank, LGE, Coastal Community Bank, Liberty Bank as well as Bank of the Sierra as mentioned in the article. These posts have details on the account requirements you are looking for. Some of the interest rates shown are lower now, but the account details haven't changed. This should help you get a better idea if this type of checking account will work you. You're not going to find products with rates equivalent to some of these reward checking accounts unless you lock your money up for 5 or more years. If you can meet the account requirements, reward checking accounts are the way to go. I know quite a few banks that offer a high yield checking account. If you go here: http://www.bankfriends.com/tags/checking-account you’ll see deals posted for Keystone Bank, Cross Keys Bank, LGE, Coastal Community Bank, Liberty Bank as well as Bank of the Sierra as mentioned in the article. These posts have details on the account requirements you are looking for. Some of the interest rates shown are lower now, but the account details haven’t changed. This should help you get a better idea if this type of checking account will work you.

You’re not going to find products with rates equivalent to some of these reward checking accounts unless you lock your money up for 5 or more years. If you can meet the account requirements, reward checking accounts are the way to go.

]]> By: Helpful http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44491 Helpful Fri, 22 Jan 2010 18:37:11 +0000 http://www.mint.com/blog/?p=8102#comment-44491 http://www.fairmontfcu.com/subpages.php?cat=2&s=1&c=1 * Make at least 12 debit card purchases * Make one direct deposit or one automatic payment * Receive your monthly account statement electronically * Sign into Home Banking at least once http://www.fairmontfcu.com/subpages.php?cat=2&s=1&c=1

* Make at least 12 debit card purchases

* Make one direct deposit or one automatic payment

* Receive your monthly account statement electronically

* Sign into Home Banking at least once

]]> By: SLEZE http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44485 SLEZE Fri, 22 Jan 2010 16:01:41 +0000 http://www.mint.com/blog/?p=8102#comment-44485 So what's the catch? "If you use a debit card as often as you tie your shoes, it’s a slam dunk" Does that mean 30 transactions a month? They use the example of the Bank of Sierra but they give ZERO details on what the requirements are. Sigh. The difference between real journalists and bloggers...DETAILS. So what’s the catch?

“If you use a debit card as often as you tie your shoes, it’s a slam dunk”

Does that mean 30 transactions a month? They use the example of the Bank of Sierra but they give ZERO details on what the requirements are.

Sigh. The difference between real journalists and bloggers…DETAILS.

]]> By: gary http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44471 gary Fri, 22 Jan 2010 06:18:57 +0000 http://www.mint.com/blog/?p=8102#comment-44471 Please post the names of community banks and credit unions paying anywhere near 5% (or even over 4%). The only list posted by someone else on digg showed fewer than 10 paying barely above 4%, and three of them had horrible reviews. Why would the author write this without such a list? Please post the names of community banks and credit unions paying anywhere near 5% (or even over 4%). The only list posted by someone else on digg showed fewer than 10 paying barely above 4%, and three of them had horrible reviews. Why would the author write this without such a list? ]]> By: Brian http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44468 Brian Fri, 22 Jan 2010 05:54:57 +0000 http://www.mint.com/blog/?p=8102#comment-44468 Does using a debit card build credit? Does using a debit card build credit? ]]> By: Dan http://www.mint.com/blog/saving/high-interest-checking/comment-page-1/#comment-44456 Dan Fri, 22 Jan 2010 03:17:06 +0000 http://www.mint.com/blog/?p=8102#comment-44456 Can you provide some suggestions for how to locate some of these great deals? I have just checked BankRate and CULookup and was unable to locate these deals in my metropolitan area. Can you provide some suggestions for how to locate some of these great deals? I have just checked BankRate and CULookup and was unable to locate these deals in my metropolitan area. ]]>