[gnicholas]

In the past I've shopped around and found that you can find personal bank accounts that pay small amounts of interest (~1% in recent years), but business bank accounts wouldn't pay anything. It's nice to see this option, which will hopefully draw some people and simultaneously convince competitors to offer similar products.

[ac29]

Yeah, a lot of credit unions especially have reward checking with ~1% rates. You always need to jump through some hoops like having direct deposit and a minimum number of transactions on their debit/credit cards (which is where they make the money to pay the extra interest). Still, if you can meet these requirements, its not a bad way to lessen the effect of inflation on money kept for day to day expenses in a checking account.