Are you astounded that a bank would charge someone a fee for a checking account that the back is collecting interest? Banks offering free checking accounts that is non-interest bearing with no minimum balance abound everywhere. Various online banks safety and consumer report issues can be found at: http://www.bankrate.com/brm/safesound/ss_home.asp
5% Interest Checking account from ebank.com
- Free internet banking and bill payment
- Free telephone banking
- Free Unlimited Worldwide ATM usage; currency conversion fee may apply on ATMs in foreign countries
- Earn interest on your account balance
- Unlimited check writing and free ebank custom checks
- Free 3 x 5 safe deposit box or discount on a larger size
- Free debit card and no annual fee credit card
- Free traveler’s checks and free official checks
- Rate bonus of 1/4% on an ebank CD or IRA
- Rate discount of 1/4% on a personal loan with automatic payment from ePremium account
- No monthly fee if $2,500 minimum daily balance or $5,000 average daily balance is maintained. If balance requirement is not met, the monthly service fee is $10
- Minimum opening deposit is $100.