10-03-2006, 02:25 PM
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Debt Freedom Fighter
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Join Date: May 2006
Posts: 1,846
Points: 12960.20
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Re: Summary post of online MMA rates
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Originally Posted by Sweepsplayer
Poundwise: E-LOAN changed their policy on balances of $5,000 or less. It has the same 5.5% rate. According to their T&C, they do not charge any fees, so theoretically, one could open an account with $5,000 and draw it down to $1 and still earn 5.5%. (However, according to The Banking Guy, E-LOAN reserves the right to close accounts that go below $500.)
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That's great news for E-LOAN users or persons considering E-LOAN. I'll update page one.
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