Originally Posted by sy7
I think $1500 is enough, though I usually keep much more there out of convenience. There are no monthly fees, and they have competitive interest rates--much better than the local bank/money market account (eg better than the Vanguard money market funds), though not the absolute highest that you could find if you really searched.
Below $1500, monthly fee is $4.95.
They also have an excellent overdraft rate if you play that game.
And remember that you are also linked to your Everbank World Currency accounts and can buy and sell foreign currencies and move funds to and from your USD Everbank checking account via online banking.
No other FDIC insured bank like it in the USA.