No. of Recommendations: 3

You wrote, I don't believe there is any minimum, but the maximum is 10K (any amount over 10K receives interest, but at a much lower rate)

Another way to look at this is that they're giving you at most $20.83/month in interest. How much of that is extra depends on where you would otherwise bank.

Let's assume an ING Orange Savings account as our benchmark. It's yielding 0.80% APY. That gives you a 1.70% APY premium on $10,000. That's a gain of $14.17/month over an ING Orange Savings account. Or another way to look at it is that they're paying you $1.42 for each debit card transaction.

Personally I don't like the risk/reward; but if you've done the math and understand it too, I'm good with it.

- Joel
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