If you keep a lot of money in your checking account, moving your money to a high interest checking account may be a good move. Below is a list of nationally available highest yields checking accounts. All of these accounts are FDIC insured up to $250,000. Your principal is protected and you’re guarantee a positive nominal return on investment.
|Rate Search Results||Click here for column definitions|
|Presidential Bank, FSB||08/01/14||0.12||500.00||500||5.00||20.00||3||YES|
Many lenders and institutions have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please email us.
Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration. Bankrate.com rates banks, thrifts and credit unions through proprietary Safe & Sound star rating system. Rates are subject to change without notice and may vary from branch to branch.
As of March 12, 2012 recommended banks with the highest yield checking accounts include:
|Bank||Interest Rate (APY)||Minimum Deposit||Details|
|Capital One 360 Checking||0.20%||$1||Earn up to 0.80% APY with a balance over $50,000 and 0.85% APY if over $100,000, Free MasterCard Debit Card for all purchases, Free online bill pay, Free access to over 35,000 ATMs through the Allpoint network, Free postage.Get started now and earn a $50 bonus|
|E*Trade’s Max-Rate Checking Account||0.05%||$5,000||No ATM fees, Free one-click transfers, Unlimited check writing, Online check and deposit image, Free online bill pay and advanced reporting.|
Please review information associated with each offer before you sign up. Rates and conditions change constantly and I have reported what I believe to be the most accurate information at the time the article was updated.