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Right now the credit union I uses only pays .7% on savings but they pay 3.5% on my checking account. I have more more money in my checking than ever in my life. The savings account side is almost nothing. I can't get close 3.5% on a CD, so it will stay in my checking account.
There are few restrictions, you have to have direct deposit of your paycheck, you have to use your debit card at least 10 times a month, and you must pay some small number of bills with on-line direct pay. None of those are any restrictions on me. I would do direct deposit anyway. I use my debit card at least 20 times a week, and I pay most of my monthly bills with on-line payments. I hate writing checks. It was a real bonus to me.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Last edited by GH85Carrera; 12-29-2010 at 05:29 AM..
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