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That is amazing. What bank is it? Right now the best I can find is a 1.1% money market savings account.

Another thing to consider is the banks that offer cash to open an account. I put $2500 in a new ING Direct account for 6 months and they gave me $50



Community West "Great Rates" checking.

http://www.communitywestbank.com/personal/checking/GreatRate...

Since I last checked they have dropped the rates to 3%.


Check your local credit unions. The competition between them and banks has been amazing.




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