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Great Site For Finding High Yield Checking Accounts

By Erik Folgate

My mom found a cool website that she shared with me, and I want to pass it along to you. It’s called CheckingFinder.Com. You type in your zip code, and it searches for banks that offer high-yielding, interest bearing checking accounts.

I typed in my zip code and the closest bank that it came up with was about 250 miles away, but you might have better luck than I did. All of the banks it listed were showing 5% to 5.5% interest rates for balances up to $25,000. That really caught my eye. I’ve never come across a checking account that offers 5% interest on your money! It’s worth checking out. We need to respond to the large banks like Bank of America and Wachovia by taking our money to smaller, local banks that offer great checking account products.

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

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Comments

  • ekrabs

    Wow, I can’t believe there’s a few out there that’s paying more than the 5% I’m already getting.

    Thanks for sharing!

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