Moving to Discover Bank

I found out recently that Discover Bank offers 1% APR on their online savings account. This is contrasted with the 0.09% APR that Bank of America offers on their Preferred Client Money Market Account. (Money market accounts generally have better interest rates than regular savings accounts.)

It was very satisfying when I got to walk into the local banking center and tell the personal banker, “I am closing my account. GIVE ME MY MONEY!”