Quote:
Originally Posted by zabbkoff
I'm looking at opening a Bank of Internet account, but can't seem to figure out why I shouldn't open an "Advantage Savings" instead of a "High Yield Savings" account. I'm just looking for a place for our emergency fund... we don't need any extras.
Bank of Internet Savings
Any advice? Thanks! |
I don't see any reason why the Advantage Savings wouldn't be a good option. With no minimums, no fees and a good rate of return from a solid institution, it would seem to be a solid offering. I believe this is new (it is essentially a money market account with limited bill-pay and debit card access) and I will add it to the list when I do the next update.