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The interest rates on checking accounts vary depending on the bank who issues them. At the present time, the interest rates can range from 0.20% APY to 0.93% APY, depending on which bank you choose.

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12y ago

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Which has a higher interest rate checking or saving?

Generally a savings account pays more interest, but there are some checking accounts that offer rates that are very competitive to savings accounts.


How do checking account interest rates compare across different financial institutions?

Checking account interest rates can vary significantly among different financial institutions. Some banks offer higher interest rates on checking accounts than others, so it's important to shop around and compare rates to find the best option for your financial needs.


Why do checking accounts have interest rates?

Certain checking accounts have interest rates because they require that the customer keep a minimum balance in the account each month. This money is used by the bank to make more money.


What ING checking account has the lowest interest rates?

There are several different options for ING accounts. The best choice is to compare with local ING checking account providers to find the one with the lowest interest rates. If your looking for an intertest bearing checking account you should choose the Electric Orange Checking account. This account pays 0.25 % APR and offers a free debit card and a complete automatic electronic bill pay service.


Where can I find good interest rates on a checking account?

Interest rates have been low for the past several years, so a great way to gain a higher interest rate on your savings is to invest in a money market account with check writing privileges.


What is the purpose of high interest checking?

"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."


What is the average interest for a checking account?

The average interest for a checking account is 0.3%. One can check the following places for more information: My Bank Tracker, Market Place, Bank Rate, Go Banking Rates and many more.


Where can I find a nationally available online checking account that offers interest payments?

They have a list of them here http://www.moolanomy.com/1733/best-high-yield-online-checking-account-rates/


What are the principles of checking account deals?

Banks will offer checking account deals to lure in new customers. The deals can be anything from better than normal interest rates, bonus amounts in your account or bonus add-ons to your account.


Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?

Most savings accounts hold little to no interest rate currently. They are basically the same as a checking account. If you are looking for higher yield interest, consider purchasing a CD.


What is the interest rate for Suntrust online checking accounts?

I checked the Suntrust site and couldn't find an "online checking account". Suntrust offers a nice discount on loans in other products to its checking account holders though. BankRate.com compiles data involving the major banks and thier interest rates.


What is a type of checking account that also earns interest these accounts generally have a minimum balance?

a type of checking account that also earns intrest