[doglar]

Paypal does have incredible rates still and does seem to increase their rates faster than any other bank so that they are at the top for a little bit. Paypal increased to 3.22% in the first half of July when ING was at a mere 3.00% (and ING only got up to 3.15% APY in the third week of July - and don't expect to move for a while). There are problems with keeping large amounts of $ with paypal. Unfortunately paypal will be discontinuing their free bill pay on 8/1/05, so the only thing left is bank to bank, ebay stuff and person to person transfers .... Also with billpay, the max per day was $2500. And it is not FDIC insured....It was great to use as a "checking" account to pay off bills ... but now it will resemble more of a saving account. I will be trying out the Bank of Internet checking at 3.00% ......