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High-Yield Checking (Reward Checking)

Wednesday, July 3, 2013 - 8:03 AM
From Bankrate.com/Boston.com:

 http://www.bankrate.com/finance/checking/chasing-high-yields-costly.aspx

Rate Chasing can be profitable only to a certain extent.  Now that the RCA rate is averaging (2%, $15K), it is even less profitable to do rate chasing.  if one is diligent and persistent, one can still get (3%, $25K),  RCA is still one of the best games in town due to its relatively high interest rate and ease of meeting rate requirements.
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