Saturday, December 29, 2012 - 10:10 AM

Happy 2013, When Rate Cuts And Requirement Inflations Set In!

(3 stars)

Unfortunately, as of January 8th, 2013, it appears that Select Bank and Trust will be cutting its reward checking rate to 2.02%, and raising the monthly requirements from 10 card transactions to 15 (no mininum transaction amount). Not terrible at this strange moment in history, but once again, hardly worth the trouble!

ncpiggybank3 posts since
May 14, 2012
Rep Points: 9

1. Tuesday, January 1, 2013 - 1:26 PM

Ouch - that's a big drop from 3.05%. Kudos to the bank, though, for at least giving their account holders advance notice of the rate and transaction requirement change.

pearlbrown1,036 posts since
Nov 2, 2010
Rep Points: 3,992