savings account question

[key west chick]

Savings account? Whats a SAVINGS account?!? All my money is in a leaving account!

 

[DuckLady]

I agree about the credit unions.
One of my savings account that pays 4.5% on the first $2,500, then the usual 1.5% after that. One of my checking account pays 5% on the first $25,000 and 1% after that. I use that account for day to day stuff, so I don't worry much about the balance above that as it is for basic household stuff. I do have to have direct deposit in a minimum amount and use my debit card 12 times a month and have online statements.
I have the interest going straight to another savings account that is 3% with no max to keep my balances at the limit.

I have a free checking account at WAMU, but I only use that for my rental property and associated expenses.