A high yield checking account will allow you to make more interest off of your money provided that you have enough money invested to qualify for a high yield account.
Making your money work for you is a key to wealth. Bank of America has a great High Yield Checking account.
Bank of America offers a high yield checking account. They call the account an advantage with tiered interest checking account. The idea behind the account is to leave a lot of money in there for it to gain interest.
One can compare high yield checking account services at their local bank or at a different branch to see the best deal for their specific needs on the right account.
Often times high yield savings accounts do not require a minimum balance. These accounts can also be set up in addition to an already existing checking account you may already have which makes it easy to transfer funds.
Many banks offer competitve rates for high yield checking accounts these days. You can try Bank of America, Wells Fargo, and also Chase bank.
They have a list of them here http://www.moolanomy.com/1733/best-high-yield-online-checking-account-rates/
A high yield saving account gives you more money over a long period of time. This may not seem beneficial but trust me it adds up. The bonus will be a nice surprise.
"A high interst checking account is a type of checking account that earns interest. Usually these accounts have higher interest than a regular checking account, but not as high as a savings account."
There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.
"This depends soley on the bank that you are looking to open a high yield checking account with. Some banks only require as little as proof of identification and being at least 18 years of age. However, some banks require minimum balances, service fees, and membership fees. It would be best to inquire at your bank of choice."
The best benefits of high yield bonds are they are issued by low credit organizations, they are a leading agency, and they work to protect your debt .
Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.