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Thread: Miles for Large Bank Balances
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Old May 30, 2010 | 3:51 pm
  #94  
BudgetJetsetter
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Originally Posted by cutnana
Don't you think you will be better off with 5% interest on rewards checking account?
No, reward checking accounts are not for everyone. They may yield around 4% today but it's generally a hassle to maintain the required card purchases every month. Some people would rather just let their funds earn a return with no hassle.

At 1.2 miles per dollar annual yield she (and others) can easily beat the yield of a RC account (without even taking into account taxes).
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