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by pmorici 5626 days ago
ingdirect.com has a checking account that gives 1.25% APY with a balance over 100k

http://home.ingdirect.com/products/products.asp?s=ElectricOr...

1 comments

That's a personal banking product, not a business banking product. Here are the business banking products: http://business.ingdirect.com/

Best rate is 0.95% for a business savings acct. And note that it requires linkage to a "regular" bank account.

What's the difference? Besides the obvious name.
As a business entity, you won't be able to get a personal account
One is owned by the entity (associated with an EIN), while the personal account is owned by an individual (and associated with an SSN).