I love how this is breaking the mold, paying 3% on checking. But when you look at it, it's actually not particularly useful. You want to put money in, and take

I love how this is breaking the mold, paying 3% on checking. But when you look at it, it's actually not particularly useful. You want to put money in, and take money out right? In this account, you basically can only withdraw money in 3 ways: 1) use their debit card (inc ATM) 2) transfer money out to a bank via their brokerage account 3) have them mail a check (up to $2500 per day) This excludes all sorts of common use cases: 1) auto pay credit cards 2) link to venmo / other app 3) use other debt cards (e.g., Target) 4) give a check to someone in person 5) make larger payments (e.g., mortgage) ...etc... My guess is these restrictions are there to protect themselves financially. As they reach a certain mass of users, they may relax and be able to take on more risk.