I don't know if it's been mentioned, but Redneck Bank only yields 3.10% on balances up to 35K. It doesn't seem clear to me what happens if the balance exceeds that amount. Do they pay 1.65% on anything in excess of 35K, or does that apply to the entire balance?
Details of Account:
Earns interest of 3.10% APY* calculated on your daily balance of up to $35,000. Amounts over $35,000 earn 1.65% APY*
Includes 6 FREE withdrawals per month
$5 fee for each additional withdrawal
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