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Old 03-03-2009, 04:18 PM
noppenbd noppenbd is offline
$ Saving College Sophomore
 
Join Date: Mar 2008
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Quote:
Originally Posted by weissheit View Post
I am getting very discouraged w/ online savings accounts. CNN blog today had a feature about "rewards checking accounts" Link: Where to Stash Your Cash - Money Features

Has anyone had any experience with them? Are they worth the hassle/effort of using the debit card all the times they require? I found one close to me, www.nbrsreward.com plus I can manage the account completely online & if you meet the monthly debits you get 5.26%
I've used Southern Community Bank (Southern Community Bank and Trust: Personal and Business Financial Services - Home) for about 5 months. It was 6% when I opened it and shortly dropped to 4%. I am still using it out of inertia. I use the debit card for very small transactions only (less than $10) and replenish anything I take out once every couple of weeks. It is really not much of a hassle once you get used to it.
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