Tuesday, September 8, 2009

TIP: Get better than interest on your checking account

I love my check card! I got $2.65 for using my Hawthorne Visa Check Card in August. All I had to do is sign for my purchases (I just chose "credit" at the retailers when asked the question "credit or debit?") I use my Check Card for everything - coffee, clothes, gas, groceries, eating out, prescriptions, toiletries, online shopping, etc.

As a result, that $2.65 equates to about 6.24% APY on an average monthly balance of about $500. That's better than what any financial institution is paying in interest right now! It's easy money. Really!

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