2.90% APY from Etrade's Max Rate Checking Account

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).] Nov 17, 2008: Etrade's Max-Rate checking account - in their words it's "checking on steroids" is still offering a 2.90% APY on balances over $5000. Under current circumstances, this high APY for an online checking account is pretty commendable. Let's check out the steroids once more: