We’re adding the high-yield checking account at Danversbank to our list of favorites.

It’s paying 4.01% APY on balances up to $25,000 — a rate that’s almost impossible to find these days, even on 7-year CDs — with free ATM use and no monthly fees.
Although the rate on these accounts is always variable, Danversbank hasn’t changed [...]

The nation’s largest bank, and biggest issuer of debit cards, is finally doing the right thing.
Bank of America will stop letting customers overdraw their checking accounts just so it can zing them with hefty overdraft fees.

Starting this summer, it will decline purchases that overdraw a customer’s checking account and inform them that they’ll have to [...]

SunTrust Banks, based in Atlanta, Ga., makes it incredibly easy to earn $150.

All you have to do is open a checking account and use it to pay your bills online.
You probably do that anyway.
This offer is for new customers that did not have a relationship with SunTrust prior to Jan. 31, 2010. It ends [...]

Is this the wave of the future?
The new Electric Orange checking account from ING Direct doesn’t come with checks.
It’s the closest thing to a truly paperless checking account we’ve ever seen.
You get a debit card, online bill payment, person2person transfers and “electronic checks” that allow ING to send paper checks on your behalf if you [...]

With interest rates this low, you need to make the most of every opportunity to boost the return on your savings.
That means taking advantage of your bank’s “relationship” rates.
In most instances, that’s where checking account customers are offered higher interest rates on savings accounts or certificates of deposits.
Here are some examples of the kind of [...]

Reliabank Dakota has one of the best high-yield checking accounts around.

While returns on most reward checking accounts have fallen below 4%, this six-branch bank in eastern South Dakota is still paying 4.07% APY on balances up to $25,000 with no more than the usual rules.
(If you’re not familiar with how these accounts work, “The [...]

If you’re a satisfied Citibank customer you can make up to $500 — yes, $500 — by getting five friends to open new checking accounts there.
You’ll earn $25, $50 or $100 per friend, depending on the type of checking account they choose.

Your friends will receive similar bonuses once they’ve complied with all the rules of [...]

Bank of America has a new promotion that pays $100 for opening a Free MyAccess Checking account online.
There are surprisingly few strings attached.
This deal is open to new customers only and requires an initial $500 minimum deposit. You have to keep the account open for 30 days, and you must make one transaction with [...]

Incrediblebank has a unique and somewhat simpler take on high-yield checking accounts.

Before proceeding, we should stop and say we have no idea who comes up with the increasingly ridiculous names for online banks.
Incrediblebank is owned by River Valley Bank, of Wausau, Wis., which has eight branches in northern Wisconsin and six in Michigan’s Upper Peninsula.
And [...]