Comments on: Banks Lower Interest Rates Following Fed /banks-lower-interest-rates-following-fed/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 26 May 2012 03:47:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Todd /banks-lower-interest-rates-following-fed/comment-page-1/#comment-140329 Todd Thu, 20 Mar 2008 03:33:34 +0000 http://www.consumerismcommentary.com/2008/03/18/banks-lower-interest-rates-following-fed/#comment-140329 Two local credit unions are offering > 6% APY on checking accounts. Our CU is 7.01% APY -- 6.79% APR if I remember right. The only catch is that you need to have at least one direct deposit (no problem there) and do 10 debit-card transactions per month. I much prefer to use our rewards credit card to earn cash back, but for 7% on the money in my checking account I can make 10 small purchases per month with the debit card. Two local credit unions are offering > 6% APY on checking accounts. Our CU is 7.01% APY — 6.79% APR if I remember right.

The only catch is that you need to have at least one direct deposit (no problem there) and do 10 debit-card transactions per month. I much prefer to use our rewards credit card to earn cash back, but for 7% on the money in my checking account I can make 10 small purchases per month with the debit card.

]]> By: Anca /banks-lower-interest-rates-following-fed/comment-page-1/#comment-140294 Anca Wed, 19 Mar 2008 17:08:10 +0000 http://www.consumerismcommentary.com/2008/03/18/banks-lower-interest-rates-following-fed/#comment-140294 Is there someplace that compares each of those banks based on things like quality of user interface and ease of getting money in and back out? Is there someplace that compares each of those banks based on things like quality of user interface and ease of getting money in and back out?

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