High yield checking account suggestions?

[SweetSecretSW]

I have a predicament and could use suggestions. I have a traditional checking account at an out of state bank that I have had for decades from before I moved to my current state. When I moved here I was earning high amounts in cash (which contributed to being credit invisible) and opened a checking and savings account at a local credit union (CU) all prior to covid. When covid hit the place I was working shut down but the state did not qualify us for unemployment until about six months later so the account sat with basically no activity. I like having two accounts as a sort of safety net to know my money is not all in one place. I get checks automatically deposited that go into the checking account out of state and pay my bills from there. I have some money in the local CU, but rarely deposit there these days, and mostly use it currently to save for larger purchases. My issue is I cannot pay my credit card nor deposit credit card cash back rewards from the local credit union because they have not been able to integrate with Stripe. The option comes up, but the process never works, and I have contacted my bank who said they are aware of the issue (and have been for over a year) but they have not found a solution and are working with Stripe to resolve it. I have waited more than a year, and am ready to try somewhere else.

Awhile back I filed with the state to start a number of businesses, and though I am busy right now I do want to get them started in the next year and will likely be earning almost entirely online, with a high probability of some of the earnings being in cryptocurrency. Since I still want the safety of multiple banks, but the local credit union is not integrating with Stripe, I am looking at possibilities for online banks particularly with high yield checking accounts.... which I know are less common than high yield savings accounts but sometimes I need to move money around right now because of the Stripe issue and would appreciate the convenience of another checking account so everything is faster. I do not want to have to keep a lot in the accounts since I am heading into new territories and not sure how these business ventures will go. I also do not want to have to make a huge deposit nor have to keep a large balance since again it's hard to predict if the businesses will be successful. Does anyone have suggestions for an a bank or credit union with high yield checking accounts that integrates with Stripe, does not have a lot of requirements (prefer initial deposit requirement to be under $100 but would be wiling to do more), and will not be a problem to connect to Coinbase or other cyptocurrency wallets?

[hegemony]

On 1/26/2025 at 2:35 PM, SweetSecretSW said:

I have a predicament and could use suggestions. I have a traditional checking account at an out of state bank that I have had for decades from before I moved to my current state. When I moved here I was earning high amounts in cash (which contributed to being credit invisible) and opened a checking and savings account at a local credit union (CU) all prior to covid. When covid hit the place I was working shut down but the state did not qualify us for unemployment until about six months later so the account sat with basically no activity. I like having two accounts as a sort of safety net to know my money is not all in one place. I get checks automatically deposited that go into the checking account out of state and pay my bills from there. I have some money in the local CU, but rarely deposit there these days, and mostly use it currently to save for larger purchases. My issue is I cannot pay my credit card nor deposit credit card cash back rewards from the local credit union because they have not been able to integrate with Stripe. The option comes up, but the process never works, and I have contacted my bank who said they are aware of the issue (and have been for over a year) but they have not found a solution and are working with Stripe to resolve it. I have waited more than a year, and am ready to try somewhere else.

Awhile back I filed with the state to start a number of businesses, and though I am busy right now I do want to get them started in the next year and will likely be earning almost entirely online, with a high probability of some of the earnings being in cryptocurrency. Since I still want the safety of multiple banks, but the local credit union is not integrating with Stripe, I am looking at possibilities for online banks particularly with high yield checking accounts.... which I know are less common than high yield savings accounts but sometimes I need to move money around right now because of the Stripe issue and would appreciate the convenience of another checking account so everything is faster. I do not want to have to keep a lot in the accounts since I am heading into new territories and not sure how these business ventures will go. I also do not want to have to make a huge deposit nor have to keep a large balance since again it's hard to predict if the businesses will be successful. Does anyone have suggestions for an a bank or credit union with high yield checking accounts that integrates with Stripe, does not have a lot of requirements (prefer initial deposit requirement to be under $100 but would be wiling to do more), and will not be a problem to connect to Coinbase or other cyptocurrency wallets?

I'm not sure what you mean by the safety of multiple banks unless you mean the FDIC limits. 

 

As far as high yield APR checking I stopped chasing APR years ago and now put most "cash" in FZCXX and the like.