The megabanks, Chase, Bank of America and so on, typically have little incentive to pay high CD rates.
Online banking can be wonderful: It’s fast. It’s easy. There’s little or no paper to pile or file. And there’s no need to drive or walk to a bank branch. But, as Constance Gustke reports in “Are online checking accounts for you?” on Bankrate.com, online banking also has some drawbacks, which can include “deposit delays,