Here at Smart Savings 101 we typically talk about high interest savings accounts.  However, today we are reviewing a high interest checking account.  A high interest checking account gives you the best of both world of a savings account and a money market account.  This Everbank FreeNet Checking Account review is going to share a lot of great information regarding the Everbank checking account.

Everbank’s FreeNet checking account pledges that its interest yields will be in the top 5% of leading banks across the nation.  This is a very interesting pledge and I don’t think that I have seen one like it before.  While the Evebank interest rates are less than other high interest savings accounts, for a checking account these are some of the highest interest rates for checking accounts I have seen.

Some of the best features of this account are the following:

• high interest rate savings plan
• free Visa check card
• free online billpay if you keep a minimum balance of $1500
• free unlimited check writing
• reimbursement for ATM fees up to $6 per month

You should visit the Everbank website to learn about its current checking account interest rates.  They tend to offer really high introductory interest rates and then offer lower interest rates in a tiered system based on the amount of money you have in your account.

I hope that you found this Everbank FreeNet checking account review interesting and helpful.  As always, please feel free to ask any questions in the comments below.