According to a recently published report by WalletHub, we have now reached a new age of banking. Online checking accounts – offering up to 5% more interest than savings accounts and money market accounts are now sitting at the top of the chain. walletHub have found that interest bearing online checking accounts are paying as much as 5 times more interest on any balance up to $50,000 than both the …

According to a recently published report, consumers can now have greater return on their money from checking accounts bearing interest than regular savings accounts. The report, published in WalletHub – a financial advisory website contends that compared to savings and money market accounts, interest bearing personal checking accounts can return up to 504% higher rate of interest on any deposited balance of up to $50,000. It is also said in …