Skip to main content
No. of Recommendations: 0
I think culcha is talking about what are often called rewards checking accounts. They pay a higher rate in exchange for jumping through some hoops. The accounts often have relatively low maximum deposits (to earn at the stated rate) and/or have requirements that are difficult to meet such as a large number of debit card transactions per month.

Basically right, a rewards checking account. U did have the hoop of having to use their debit card 10 times a month, which was not a problem for me; I did not think of this as a large number of transactions. (I know some places -- but not AmericaNetBank -- also require direct payroll deposit, but I couldn't do that because I am a teacher and so do not receive paychecks for 1/4 of the year.

Thanks for your links!

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.