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There are other banks (both Internet-only and B&M) which only pay interest on balances over a certain dollar amount.

For those with long memories, the 1992 Federal Truth-In-Savings Act was intended to address this practice. However, clever lawyers and consultants like Arthur Andersen have figured that as long as this cheezy method of paying interest only if the account balance is above a certain dollar amount is DISCLOSED to the customer, that it's "legal".

Caveat emptor!
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