[genchan]

I just read in another thread that <A HREF="http://www.cnbt.com/products_peraccounts.htm">City National Bank</A> is offering a rate of 3.45% There are some minimum requirements that you have to do though:

<b>Minimum Monthly Activity Required To Earn Interest</b>:

(10) Visa check card POS (Point of Sale) transactions (excluding ATM transactions)
Receive Monthly Statement electronically
Provide a valid email address
Direct Deposit of Payroll or Government Benefit

3.45%apy paid on balances between $0 and $25,000 and 1.10%apy paid on all balances above $25,000 each month minimum monthly activity is met.

*No interest will be paid on the account if the minimum monthly activity is not performed and after 3 consecutive months the account will be converted to a Free Checking with electronic statement delivery.

Limitations: You must deposit $100.00 to open this account. No Monthly Minimum Balance to maintain. Available to Personal Accounts Only

Account Fees: No Monthly Service Charge

Balance Information: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the balance on which interest is paid.

Rate Information: Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example. checks). Interest will be compounded monthly and will be credited to your account monthly. If you close your account before interest is credited, you will not receive the accrued interest. The interest rate and annual percentage yield may change. At the Bank's discretion, we may change the interest rate on the account at any time.