I have had this checking account for years and it's amazing to be getting more than 3% back every month, I have never seen another checking or savings account come close. Yes, there are some minor hoops to jump through (set up direct deposit, 12 check card transactions per month) but they are well worth it. Personally I use my debit on the first 12 purchases under $10 each month (which includes small monthly bills like Netflix), and then spend the rest on my credit cards to earn rewards.
The amount you earn interest on and the rate of interest depends on if you also use their credit card. Personally for me, based on the amount of cash I have and the rewards I get on other cards, it wasn't worth it to me to go above the 3.09% on the first $10k, but it might be for you.
Anyway, I just wanted to share this with the community here since I've learned a ton over the years and I was excited to find out that membership is no longer limited to Illinois residents. If only they still had the $50 referral bonus...
Submitted April 13, 2017 at 09:47PM by GunnerMcGrath http://ift.tt/2oxedYK
