Today, we here at Online Banks Blog are going to follow up our look at money markets by looking at checking account offers. Customers have started looking for the top checking accounts that are based on Internet. In the interest-based best checking accounts, Charles Schwab Bank currently takes the lead. It offers an APY of [...]
Tags: Accounts, Checking Accounts, Top Checking, Top Checking Accounts
Last year I started compiling a short list of the top savings accounts. The intent was to identify the savings accounts that you’ll want to keep for the long term. In addition to top rates, I considered financial health and account features like ACH bank-to-bank transfer service. My last list was in August. Here’s a [...]
Tags: Accounts, Savings Accounts, Top Savings, Top Savings Accounts
I received confirmation that the FDIC’s new rate cap rules are starting to impact reward checking accounts. In May the FDIC issued a final rule “to prevent banks that are less than well capitalized from soliciting deposits at interest rates that significantly exceed prevailing rates.” The FDIC now publishes weekly national deposit rate averages and [...]
Tags: Accounts, Checking Accounts, Reward Checking, Reward Checking Accounts