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Thread: No more free checking with Bank Direct
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Old Dec 8, 2011 | 11:56 am
  #15  
meecal
 
Join Date: Feb 2004
Programs: IHG Spire Elite; Hyatt Platinum; SPG Preferred+; Club Carlson Gold; SW CP
Posts: 674
Originally Posted by Happy
Exactly. Even if your tax bracket is the middle ground, (at least at 15% to 28%) but have high level of idle cash, BD still beats all other high rate accounts.
Haven't played the BD game. Is this simply because you're getting a return on your investment in a non-taxed form (miles) instead of a cash return that is taxed?
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