Originally Posted by
ExitRowAisle
4 days ago the rate was 5%. What was the name of the financial institution? Maybe someone would be interested in earning 4% for a few days before they lower it to 3%.
I will ignore the sarcasm. I think that at 6% ($1,500 before taxes on $25K deposit) or even the general 4-5% I was using, most people will benefit a lot more on an annual basis than by getting 30K miles from BankDirect. With that said, to get the 4-5-6% one has to comply with the rules so it may not be for everyone.