Tuesday, May 25, 2010

What is the bank that offers interest on a checking account with no minimum balance?

I'm looking to change banks and I heard a radio ad that said that this bank offers interest on checking accounts with no minimum balance. I thought it was compass but upon looking at the website I dont think that was it. Does anyone know which bank I'm talking about? If not, what is a good bank and why?
What is the bank that offers interest on a checking account with no minimum balance?
lasalle if you have direct deposit and or internet banking
Reply:with direct deposit or 2 bill payments per month u can have a CITIBANK checking FREE. u do not get interest on the checking account but u can open a free e-savings account with a apy of 5.00%
Reply:interest bearing checking accounts aren't worth the trouble, the interest is usually something like .25%, and from what I've seen it's only significant if you have about $10,000 in there.


checking accounts are for money you're going to spend, savings accounts are for money you're going to save.


I suggest looking at ingdirect.com or emigrantdirect.com, both are online banks with excellent interest rates that you can use in combination with whatever checking account you have, wherever.

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