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Old 11-16-2006, 06:40 PM
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Default Re: New E-Trade Savings Account

Quote:
Originally Posted by risknothing
I wonder if the 0.25% loss in return is outweighed by the bill pay feature.
this is going to sound trite: depends on how much you spend on stamps/current bill pay ability and how much you're going to keep in the account.

seriously, figure out how much you're spending with your current setup & how much you're currently earning in interest (say in a given month). subtract the spending from the interest, and then calculate what you interest would have been at the other bank. if it's more than your adjusted figure, then it would be financially wise to switch.
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