Many people believe checking accounts are the dinosaurs of the banking world. They’re not extinct yet. In the past few weeks, I’ve received two questions about them: 1. “Where can I get the best rate on a checking account?” 2. “How much should I keep in a checking account?”

Under certain circumstances a checking account can offer a better return than a savings account! In fact, there are a couple of ways to do it. Though they’re not as common as online savings accounts, I was able to find a few high-yield online checking accounts.

ING Direct, for example, offers a high-yield checking account that can, in some cases, beat its high-yield savings account! Currently, the Orange Savings Account yields 2.75% per year. With enough money in the bank, the Electric Orange checking account is a better deal. Take a look: