You've probably heard about reward checking by now, and maybe even wondered how a bank can advertise extremely high interest rates of 4% or 5% on checking accounts. Reward checking offers customers an above-average yield and often ATM fee rebates – if they jump through various hoops the bank sets up. Is jumping through these hoops worth the extra interest?
The Challenges to Earning the Higher Interest Rates
The exact challenges or hoops you'll be expected to jump through to qualify for the...
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