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Sinopsis

Learn how to evaluate whether high interest bank account offers are worth their salt or not. Before we get started, I wanted to let you know about another awesome podcast called Profit Boss Radio. Profit Boss Radio, hosted by MBA and Certified Financial Planner Hilary Hendershott, highlights inspiring women who have created success in their financial and professional life. Each week you can tune in and hear how women have paved the road to sustained success with both beliefs and actions. Check it out at www.profitbossradio.com. This is listener question Friday. Our listener asks: Linda, I recently saw this headline advertising a bank: "This Secret Bank Has No Fees and Pays up to 100 Times the Normal Interest Rate." It's an online-only bank account with no fees, no minimum balance and no minimum monthly deposit. It says it yields up to 1.00% interest, which is 100 times more than existing checking accounts! It goes on to say, "a debit card and free ATMs anywhere in the world make it more accessible than a ty