Join Date: Dec 2005
Location: NYC
Programs: SPG, AA, BA, CO, UA, US, B6, DL, Amex MR, HH
Posts: 1,009
Why are people getting the checking account and not the savings account if they're just letting the cashback sit there and accumulate interest? It seems the interest rates for savings is 2%, while the interest rate for the checking account is only 1%.
If you just have the Schwab One brokerage account, how do you get money into/out of it? Can you initiate an ACH at another bank to do this?