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Started By
Message
4% on a checking account?
Posted on 5/29/09 at 9:31 am
Posted on 5/29/09 at 9:31 am
RCB Bank in Northeast Oklahoma is offering 4% on checking accounts up to $25000(account balance). No fees. You have to use the debit card 12 times a month, get statements online, and check your account online once a month. If you do that, there are no fees.
Sounds pretty good, but is it too good?
Sounds pretty good, but is it too good?
3
Posted on 5/29/09 at 9:34 am to TreeFiddy
quote:
Sounds pretty good, but is it too good?
No, these are legit.
Posted on 5/29/09 at 9:35 am to TreeFiddy
How long is that rate good for? I'm guessing it's a teaser rate that will be adjusted down to what other banks are paying as soon as they get enough of those accounts.
Posted on 5/29/09 at 9:40 am to LSURussian
I'll find out. I figure it is, but might as well get some return while I can. I just wanted to check with the money crowd. 
Posted on 5/29/09 at 9:44 am to TreeFiddy
Just remember, this money crowd is always right!!!
Seriously, if that rate is good for only 30 days, it's probably not worth your time to get fiddy cents additional interest, or even treefiddy....
Seriously, if that rate is good for only 30 days, it's probably not worth your time to get fiddy cents additional interest, or even treefiddy....
This post was edited on 5/29/09 at 9:58 am
Posted on 5/29/09 at 10:04 am to LSURussian
I have had a similar account at Campus Federal for about a year now...rate has stayed the same.
Posted on 5/29/09 at 9:51 pm to LSURussian
quote:
Seriously, if that rate is good for only 30 days, it's probably not worth your time to get fiddy cents additional interest, or even treefiddy....
Posted on 5/30/09 at 7:38 am to TreeFiddy
I have the same exact account with OIB in Monroe. It started at 5.01% and for a little over a year now it has stayed at 4.01
Posted on 5/30/09 at 9:09 pm to TreeFiddy
I get the same with Coastal Commerce Bank In Houma
Posted on 5/31/09 at 11:37 pm to Golfer
quote:
I have had a similar account at Campus Federal for about a year now...rate has stayed the same.
The rate actually started at 5.01% in April '08 and moved to 4.25% in March I believe...still pretty good...
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