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Is it wise to keep a checking balance over 1500 earning interest with access to a debit credit card of checking account?

In: Credit and Debit Cards, Banking, Money Management, Credit, Commercial Bank and Checking Accounts [Edit categories]

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not the smartest thing to do moneywise,for several reasons, you can get more interest in A CD,you can not access more cash than A couple hundred bucks A day at ATM, but if you lose the ATM card (eventhough the person does not have your PIN) someone can empty your account in A day,Go to walmart, buy something, use your debit card, NO ID REQUIRED, They accept and smile.,,, MOST BANKS offer free checking,and CD's, my advice do that., Jamison.

First answer by Jamison. Last edit by Jamison. Contributor trust: 440 [recommend contributor ]. Question popularity: 22 [recommend question].

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