Relatedly, Marketwatch published an article about the tiered interest rate system that some of these banks use, favoring customers with more money. The tiers that I’ve seen run in the opposite direction than the ones noticed by the article’s author, however.
Updated February 6, 2012 and originally published May 17, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.