A new report argues, in general, that interest bearing checking accounts provide consumers greater returns on their money than average saving accounts.

The report, from financial advisory website WalletHub, contends interest-bearing personal checking accounts pay 106% – 504% higher rates on balances up to $50,000 than savings and money market accounts.

It also found that money market accounts have substantially more fees (122%) than online-only checking accounts and require 44% higher balances to avoid fees.

Further, the interest rates on online consumer checking accounts are between 339% – 823% higher than those offered by business checking accounts. That suggests small business owners might be better off putting their money in consumer checking accounts than in business checking accounts, even though the business checking accounts may offer more services, the report said.

“It's no secret the nature of personal finance has shifted considerably in recent years,” the report wrote. “Technology has closed the door on the era of neighborhood banking, bringing consumers simultaneously closer to and farther away from their financial institutions of choice. Widespread economic woes have unearthed a number of unsavory practices and institutional failures, while also saddling us with an uphill financial battle.”