Comments on: Online Interest Checking Plus Savings Accounts: Who Offers the Best Deal?

By: Christine Washington

Christine Washington — Tue, 24 Feb 2009 22:50:34 +0000

Ive been with venturebankdirect.com since the fall and have enjoyed a high yield on my savings account. Now they offer a high yield checking account online.

By: Collette

Collette — Thu, 24 Jul 2008 19:43:43 +0000

What are the best ones you have found and how are they working for you?

I am confused as to whether to take up a checking and savings for the apy rates or not.

By: Tony Roberts

Tony Roberts — Tue, 03 Jun 2008 16:21:41 +0000

Coulee Bank ( http://www.couleebank.net ) offers an incredible 6.01% APY with their Rewards Checking account. The rate is easy to earn. All you have to do is make 10 check card transactions a month, use e-statements, and do 1 automatic payment a month (they call it ACH). Coulee Bank pays 6.01% on the first $25,000 and 1.01% on anything above that. The best thing about this account besides the rate is it is FREE, you can apply online, and it is from a great bank with real people that answer the phone. And as they like to say, Banking Green has its Rewards. The Rewards Checking account saves paper and preserves our natural resources. No wonder I feel good about recommending this to everyone I know. Check it out. I guarantee you will love it.

By: Sun

Sun — Fri, 18 Apr 2008 01:42:36 +0000

Angela: Yes, that post is a old one and things have changed a lot since then.

If the Fed keeps cutting rate, which is expected when they meet again at the end of this month, then yes, banks will follow to lower their rate. I had several updates in the past when I tried to follow all the changes, but gave it up because the changes were dramatic and fast. What I think is that if a bank offered the best rate before the current cycle began, then they may still have the edge if they have reduced the same amount as other banks did. This is not always true though.

Unless you check one by one, you are going to find who offers the best deal

By: Angela

Angela — Tue, 15 Apr 2008 17:03:08 +0000

I know this article was posted almost a year ago, and interest rates are subject to change, but I was very dissappointed after following the links to find that all of the banks featured here have rates that are at least 2% lower than when this was written. Is it normal for rates to fluctuate that much over time? Is it likely that rates will continue to decrease? How do you know you’re getting the best rate if the rates are constantly changing?