1.10% on balances under $24,999.

I opened an account online yesterday and hope to transfer the entirety of our EF fund ($11K) to it by week's end. We don't make much interest, but more is better than less.

The concept of the "virtual wallet" is a three part system: (1) your checking account and debit card ("Spend") to take care of your daily expenses and track your budget category balances, (2) your checking account 2 is the "Reserve" account which is for short-term savings goals and acts as an overdraft account, and (3) the savings account is the "Growth" account for long-term stability.

There are random opportunities for savings - "Punch the Pig" where you can transfer $1 from spending to savings every time you designate (every day, every time the pig appears randomly, every time you pay a bill online). I like the concept that it all very visual. I'm not a high-tech person, but if I was I could view this from my mobile phone, etc.

A goal for this is to start getting a better hand on the piddly little debit card usages which really add up and make it annoying. The spending plan needs a shake-up, and maybe this is it.