As reviewed in the study, there are 57 such high-yield checking accounts at credit unions and banks in the United States of America, offering an average percentage yield of 2.05% per annum. Despite of the fact that it is a drop as compared to the average percentage yield of 2.56% in the last year, it has beaten the 0.6% rate for most average interest-bearing checking accounts in the United States. …

In the current market scenario, the fees for monthly maintenance of non-interest checking accounts have hit a remarkable rise of $5.48, which is a whopping 25% leap from the figures last year. The monthly fees for bank overdraft have also reached its peak high, with an average fee of $31.26 for Non-Sufficient Funds. The figures this year have also made a good jump from $30.83 bank rate last year. Further, …