"But keep in mind that rewards checking accounts can lower their rates at anytime. That's not the case with CD products, which have to keep the same interest rate for the set time frame of the investment." That's true, but also keep in mind that, at least with Provident, the 1-year CD APY that you could have gotten back when the Super Reward Checking account was at its highest was still lower than what the Super Reward Checking's APY is now, even after recent rate decreases across the country. In fact, if you look at Provident's rate sheet, the Super Reward Checking rate is higher than even their 5-year CD rate, and much more liquid.

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