iGObanking.com Improves Online Checking Account at 3.8% APY

The yield for iGObanking.com online checking account improved a notch from 3% to 3.80% APY. The program was first launch last May with gains declared at 2.65% APY. The checking account does not involve paper checks and does not charge monthly service fees.

It is important to note the small prints in the terms and conditions of the deal. You can call the bank to clarify a line stating that the first 400 accounts will be rewarded upon completion of the requirements for bills payment. The conditions also state that information will be released to a third party company in case the consumer decides to join the promotion.

iGObanking.com is under the umbrella of Flushing Savings Bank with FDIC coverage. BauerFinancial and bankrate.com give iGObanking 4 stars for financial soundness.

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Posted on 17th November 2008 by admin in Reward Checking Accounts

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