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No. of Recommendations: 5
stockmover,

You wrote, I have not seen a rate that high in all my searches on the web for quite awhile.

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.

I don't know that he still posts here, but one of the best survey sites for this type of information used to be markber's: http://ibankdesign.com/board/Checking_rates_f118.html However, I don't think there's been much activity on his site for like 6 months.

Other search options might include:

https://www.google.com/advisor/uschecking?bsp=1&s=1&...
http://www.bankrate.com/funnel/checking-account/checking-acc...
https://www.checkingfinder.com
http://www.fatwallet.com
https://www.kasasa.com/cash

One of the best all around banking options might be Alliant Credit Union, which gives pretty good yields (relatively speaking) and has few hoops to jump through. I keep meaning to open accounts there, but somehow never seem to get around to it. Perhaps it's because of these depressingly low yields?

- Joel
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