My thanks to my daughter, Cheryl, for the below “heads up”
The table to the left is from today’s, 2/27/09, stltoday.com. Please click here
for a better rate.
5% on a checking account is better than most CD’s or Money Market accounts. There are a few strings attached* but not insurmountable ones even for an old dude like me set in my ways. My CPA for many years could find nothing wrong with the offer. Also my friends at Pre-Paid Legal reviewed the documents and could find no reason not to take advantage of their offer. Give it a look and see what you think.
* I was told one lady’s novel approach to meeting the criteria for 12 debit card transactions in a cycle was to go to the store and buy 12 bottles of water and pay for them separately. Kind of gives new meaning to “where there is a will there is a way”. My motorcycle has a small tank and I usually fill up every other ride but to meet the criteria I will fill up after every ride and since I can do it at the pump my $1.20 fill up is not a nuisance for any clerk. If my math is not rusty it could mean about an extra $1200.00 per year on a $25,000 balance – not bad for a little inconvenience.
