Flushing Savings Bank has added a high yield checking account to its online bank, iGObanking.com. Like ING Direct’s Electric Orange and HSBC Direct’s Online Payment Account, it’s a no-minimum checking account without paper checks. Instead of writing checks, you use their online bill pay tool.
Here’s a summary of the iGOchecking’s features:

2.65% APY on balances $1 […]

HSBC Direct’s new Online Payment Account is a paperless checking account that offers instant transfers to and from their Online Savings Account and pays a yield of 2.50% apy. The account features no monthly fees, unlimited transactions, and up to three non-HSBC ATM transactions per month.