I don't have a lot of cash to manage right now, so the most important thing to me is a good, one-stop account that will meet my everyday needs. I don't want requirements as to how much I have to spend, or activities I need to perform each month just to keep my account and rate. I just need checking, an ATM card, and the best rate I can find.
I thought Bank of Internet and their High Interest Checking account might be the account for me. They have a free set of initial checks, free online bill pay, and a Visa Check/ATM card where they reimburse up to $8 in charges per month - which is all great. However they also have a $7.50 per month fee for the account, which gets waived only with a $5,000 average daily balance. That is the type of stuff I'm not excited about, and frankly, it's not unrealistic that I would occasionally dip below that amount. And I know that even when I do have more cash (hopefully soon!) having that much just sitting in my checking account is not the kind of temptation I need.
I may not be able to find the account I want, with a rate that I'm happy with, but at least for now, Bank of Internet's Checking account doesn't work for me.