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2011 High-Yield Checking Survey
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6 ways to keep rewards checking rewarding

2011 High-Yield Checking Survey » 6 ways to keep rewards checking rewarding

Keep rewards checking rewarding
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Keep rewards checking rewarding

Interest rates are falling. Free checking accounts are disappearing. Debit card rewards programs are closing. But there is still a way to make your personal finances pay off: a high-yield checking account.

With the rates of standard interest-bearing checking accounts averaging near a measly 0.5 percent, these programs continue to be a bright spot with annual percentage yields of around 4 percent, according to Bankrate's new survey. While the low-rate environment is impacting the world of high-yield checking, here are six ways you can continue to reap the benefits of what is also called rewards checking.


 

 

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Savings Overnight Averages
Product Yield +/- Last week
MMA
0.48% 0.49%
$10K MMA
0.47% 0.48%
MMA jumbo
0.61% 0.62%
Interest checking
0.51% 0.51%
Compare rates:
Don Taylorsavings
You've matured, but maybe not those savings bonds you received as a kid.
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