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rated:
ToHellWithUGA said:   Yeah looks like it may finally be time to move on from FAB&T, but to where?
  I'm in the same boat, thinking about moving to LMCU.

rated:
BostonOne said:   
ToHellWithUGA said:   Yeah looks like it may finally be time to move on from FAB&T, but to where?
  GE Capital Bank? 0.95% APR. No debit requirements. Other suggestions welcome.

  But, that is a savings account (with its 6 transaction per month limit)  and presumably does not reimburse you for ATM fees.

rated:
mlkrgr said:   Best one in Greater Boston would be Cambridge Savings at 2% on up to $25k. Beacon Federal in Chelmsford MA pays 3% on up to $20k. Washington Savings in Greater Lowell pays 3.01% on up to $10k and then 1.51% on the next $15k via a coordinating savings account. I know Washington only accepts applications within the branch as you have to go to the branch to finish any application you start online. Though there's Workers CU that is in Greater Leominster and extends into a bit of Greater Lowell and they will allow teller transactions at other CUs part of the shared branching network.

Due to what they claim is software incompatibility (they recently upgraded their systems), Washington Savings Bank eliminated the reward savings account. Before September 30, 2014 they paid 2.53% up to $10k in the checking and 1.26% up to 15K in the coordinating checking account. If you maxed out both accounts with a total of $25k, your annual return was 1.77%.

With the software upgrades they now pay 2.48% on the first $10k in checking and 1% on the next $10k. Balances over $20k in checking and ALL balances in savings pays 0.3%. If you max out the checking at $20k your annual return is pretty close at 1.74%, but the fact that it's only on $20,000 means you lose about $94/year.

rated:
Anyone know of any banks that offer rewards on large balances? Say 100K to 250K? Bank of Internet offers 1.25% up to $150K (for $1,000 direct deposit and 15 Dr card uses per month of $3.00 or more)

rated:
Hello all,
This is only available to teachers in California. I am in Santa Clarita.

California Credit Union has 2 amazing programs that are only available for educators. I signed up for both and I would highly recommend them to you as well. I met with Vreg (Santa Clarita location) for 15 minutes and I will make $535 which = $2,140 hr, which is considerably more than my hourly rate and I assume yours as well.

1- They will give you $200 for opening a checking account. All you need to do is either direct deposit OR set up an electronic transfer from your institution to theirs of $500 month. And when you agree to e-statements (one email a month) instead of paper billing the checking is totally free.
No fees whatsoever.
That is $200 free money.


2- They also have a program (summer savers) where you can get 3% interest on your deposits of up to $2,000 month (up to 22K by 7/31).
The great thing is that it is liquid money which means you can take it out anytime with no penalties whatsoever. Most accounts that are liquid are now paying close to zero % interest. Even discover bank online is at less than 1% interest right now. Even most 5 year cd are paying approximately 2% right now and your money is stuck there for 5 years and you would pay penalties if you take it out early. Simply, there is nowhere in the U.S. that you can get this deal without further restrictions or risk.
If you have any money in any account earning less than 3% or are wanting to save money this would be the place. The money would be transferred automatically from your other account to this one.
If you deposit/transfer the minimum this is like $80 in free money (interest).
If you deposit the max each month this is like $325 in free money (interest).

I know the math did not add up yet
$200+ $325 = $525
The other $10 is a referral money that you would get for being a referral from a member.
Hope this helps someone.

rated:
Next month's Kiplinger magazine has an article about earning more interest....it looks like the author did all of her "research" right here. (Hi Ms Gertsner!)
Mentioned are Consumers Credit Union Free Rewards (5.09% up to $10k), and Lake Michigan Max Checking. In the Savings dept, she recommends Salem 5 and Synchrony Bank Optimzer Plus, which are both around a whopping 1%.

rated:
What about this? Home Federal Bank

Smart Rewards Checking - High Interest Checking
Earn Bonus Interest Rate of 4.00% APY* on up to $15,000 of your checking account's balance PLUS tiered interest rates on balances above $15,000. You can also receive foreign ATM fee refund of up to $10.00 if the following minimum monthly requirements are met:
Minimum balance requirement of $250.00
Must have one direct deposit of at least $500.00 that posts during the monthly statement cycle
Must complete one ACH debit for any amount that posts and clears the account during the monthly statement cycle
Must receive imaged checks in a monthly E-Statement
Must complete at least 15 signature debit card transactions of at least $5.00 or more that post and clear the account during the monthly statement cycle
Plus:
Minimum of $250.00 required to open
No monthly service charge
Free unlimited ATM and debit card transactions
(At bank owned-ATMs. $1.00 withdrawal fee for any other ATM location used)
No interest paid on entire balance if qualifications are not met
Free online banking and bill pay
Free debit card
Free account alerts
Free mobile banking

Smart Reward Checking http://www.homefederalbancorp.com/banking/personal.cfm#SmartRewa...

rated:
Agentkarter said:   What about this? Home Federal Bank

Smart Rewards Checking - High Interest Checking
Earn Bonus Interest Rate of 4.00% APY* on up to $15,000 of your checking account's balance PLUS tiered interest rates on balances above $15,000. You can also receive foreign ATM fee refund of up to $10.00 if the following minimum monthly requirements are met:
Minimum balance requirement of $250.00
Must have one direct deposit of at least $500.00 that posts during the monthly statement cycle
Must complete one ACH debit for any amount that posts and clears the account during the monthly statement cycle
Must receive imaged checks in a monthly E-Statement
Must complete at least 15 signature debit card transactions of at least $5.00 or more that post and clear the account during the monthly statement cycle
Plus:
Minimum of $250.00 required to open
No monthly service charge
Free unlimited ATM and debit card transactions
(At bank owned-ATMs. $1.00 withdrawal fee for any other ATM location used)
No interest paid on entire balance if qualifications are not met
Free online banking and bill pay
Free debit card
Free account alerts
Free mobile banking

Smart Reward Checking http://www.homefederalbancorp.com/banking/personal.cfm#SmartRewa...

   

This is not nationwide.

At the bottom of the page it states:
MUST OPEN ACCOUNTS IN PERSON AND LIVE OR WORK IN OUR MARKET AREA.  

rated:
SUCKISSTAPLES said:   http://www.bankdealsblog.com/

6.01% in Arkansas at Parkway Bank (post)
6.01% in Arkansas at Bank of Little Rock (post)
6.15% in Arkansas at First National Bank (post)
6.01% in Colorado at 1st SouthWest Bank (post)
6.01% in Florida at Premier Bank (post)
5.64% in Florida at First Commercial Bank (post)
6.01% in Illinois at Valley Community (post)
5.50% in Illinois at Bank of Illinois (post)
6.01% in Iowa at State Bank of Toledo (post) open to all?
5.51% in Kansas at Bank of Blue Valley (post)
6.01% in Kansas at Emprise Bank (post)
6.01% in Kansas at Vision Bank (post)
5.60% in Kansas at First National Bank (post) open to all?
6.01% in Kansas/Missouri at Equity Bank (post)
6.01% in Massachusetts at Florence Savings Bank (post)
6.01% in Massachusetts at Danvers Bank (post)
6.01% in Massachusetts at Slades Bank (post)
6.17% in Missouri at RCSBank (post)
6.01% in Missouri at Champion Bank (post)
6.10% in Nevada at Clearstar Financial Credit Union (post)
6.01% in New York at Northern Financial CU (post)
5.01% in North Carolina at Capital Bank (post)
5.00% in Oklahoma at Legacy Bank (post)
6.01% in Oregon at Oregon Community Credit Union (post)
6.10% in Oregon at Rivermark Community CU (post)
6.25% in Tennessee at Wilson Bank and Trust (post)
6.17% in Tennessee at FirstBank (post)
6.01% in Texas at United Heritage Credit Union (post)
4.75% in Texas at First National Bank (post)
5.00% in Texas at Capital One - no hoops but 1yr promo (post)
7.50% in Washington State at BECU (post)
6.00% in Washington State a TwinStar CU (post)
6.01% in Wisconsin at Connexus Credit Union (post)
6.01% in Wisconsin at West Bend Savings Bank (post)

  
Wow, these rates are really high compared to bonds. Are these deals only applicable for small balances, or can you put in, say, 50k?

rated:
Bandalar -- These rates are only available using Peabody and Sherman's WABAC machine. That post was from 2007! I suppose you could get your current 0% BT money today, fill your duffle bag with cash, go back in time, put $$$$ in these accounts, make gobs of money and retire rich. However, I'm not sure how in the world you would amend your income taxes retroactively without changing the course of history by the change it would have on the national debt.

Further, we really don't know how Peabody and Sherman ever made it BACK to modern times... that part of the story has never been told, AFAIK.

rated:
Can someone help me do the math.
Is 2.5% on up to 25000 vs.
or 3.05 on up to 20000
Which one would be better?
Thanks.

rated:
mshnayde said:   Can someone help me do the math.
Is 2.5% on up to 25000 vs.
or 3.05 on up to 20000
Which one would be better?
Thanks.

  2.5% of 25k = 625
3.05% of 20k = 610.
610 < 625.
But in the second case you could put the extra 5k in a savings account (or another RCA account) and easily earn another ~$40 in interest.

rated:
I'm in the same INOVA boat and would rather not switch if i can find a way to do the $51 x 5 transactions/month that is not too cumbersome. I just don't currently make that many purchases $50+. Does anyone have any ideas?  Thanks.

rated:
fwuser12 said:   
mshnayde said:   Can someone help me do the math.
Is 2.5% on up to 25000 vs.
or 3.05 on up to 20000
Which one would be better?
Thanks.

  2.5% of 25k = 625
3.05% of 20k = 610.
610 < 625.
But in the second case you could put the extra 5k in a savings account (or another RCA account) and easily earn another ~$40 in interest.

  Wouldn't the math be something like:

2.5% * $25,000 = $625
3.05% * $20,000 ($610) + $5,000 * 1.0% ($50) = $660

rated:
stanolshefski said:   
fwuser12 said:   
mshnayde said:   Can someone help me do the math.
Is 2.5% on up to 25000 vs.
or 3.05 on up to 20000
Which one would be better?
Thanks.

  2.5% of 25k = 625
3.05% of 20k = 610.
610 < 625.
But in the second case you could put the extra 5k in a savings account (or another RCA account) and easily earn another ~$40 in interest.
 

  Wouldn't the math be something like:

2.5% * $25,000 = $625
3.05% * $20,000 ($610) + $5,000 * 1.0% ($50) = $660

  Exactly what I said, except I used a more conservative 0.8% for the other 5k.

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