Online Savings Accounts & Current Rates - Page 10

risknothing · #**181** (**permalink**) 11-17-2006, 04:12 AM

Poundwise, how about IndyMac bank for list B? They have a 5.00% MMA

poundwise · #**182** (**permalink**) 11-17-2006, 04:51 AM

Quote:

Originally Posted by risknothing

Poundwise, how about IndyMac bank for list B? They have a 5.00% MMA

Thanks for the note. I added them today. I also noticed that they have quite a good offer on short-term CD rates. A 3 month CD @ 5.45% APY, for instance.

Also...

Update 11/17/06:

Zion's Bank rate up from 5.24% to 5.30% APY

No other changes

sweeps · #**183** (**permalink**) 11-27-2006, 05:50 PM

iGoBanking 5.30% APY Link

poundwise · #**184** (**permalink**) 11-28-2006, 06:19 AM

Quote:

Originally Posted by Sweepsplayer

iGoBanking 5.30% APY Link

Added.

Also, I've done away with the dual listings. All offerings are now listed together. Color coding distinguishes some accounts from others.

I'm planning a new format for this listing that I intend to employ some time in December.

Aleta · #**185** (**permalink**) 11-28-2006, 08:17 AM

These are great listings. Thank you so much for your hard work. It helps a lot of us that don't know how to access that kind of information.

poundwise · #**186** (**permalink**) 11-30-2006, 11:24 AM

Quote:

Originally Posted by Aleta

These are great listings. Thank you so much for your hard work. It helps a lot of us that don't know how to access that kind of information.

Thanks!

poundwise · #**187** (**permalink**) 11-30-2006, 11:25 AM

Update: Thursday, Nov 30

ING Direct rate, up from 4.40% to 4.50% APY

RJB1180 · #**188** (**permalink**) 12-01-2006, 03:49 AM

Amboy to tiers:
5.25% <20k
5.35% >20k

risknothing · #**189** (**permalink**) 12-01-2006, 04:34 AM

GMAC Bank drops rate to 5.25%

poundwise · #**190** (**permalink**) 12-01-2006, 04:38 AM

Quote:

Originally Posted by RJB1180

Amboy to tiers:
5.25% <20k
5.35% >20k

Thanks for pointing this out. Although it will not be reflected on the listings here, it may be of interest to someone.

poundwise · #**191** (**permalink**) 12-01-2006, 04:41 AM

Quote:

Originally Posted by risknothing

GMAC Bank drops rate to 5.25%

Thanks for that info. I made this change this morning.

GMAC's rate seems to fluctuate more than anyone else. Also, whenever GMAC raises their rate, based on past history, you can expect the next move to be downward and to happen within 30 days. That's not meant to come off as my being negative about GMAC. I understand that the account, site, and customer service are all good, and it seems GMAC does maintain a good rate. I am just making an observation.

poundwise · #**192** (**permalink**) 12-06-2006, 08:01 PM

Update 12/06:

E-Loan: rate down from 5.50% to 5.38% APY

UFBDirect (High-Yield): rate up from 5.28% to 5.32% APY

puck36 · #**193** (**permalink**) 12-06-2006, 09:12 PM

HSBC rate is still 5.05%.

poundwise · #**194** (**permalink**) 12-07-2006, 06:56 AM

Quote:

Originally Posted by puck36

HSBC rate is still 5.05%.

Yes. It has been that way for quite some time now. And??

Sorry, I'm just not sure of the purpose of this post.

BTW, in case you didn't know, this thread begins with a lengthy listing of MMA/Savings accounts and current rates, etc., including HSBC.

poundwise · #**195** (**permalink**) 12-07-2006, 07:44 PM

Update 12/07:

Zions Bank: rate up from 5.30% to 5.34% APY

risknothing · #**196** (**permalink**) 12-15-2006, 04:08 AM

GMAC Bank dropped to 5.2%

krayziebone33 · #**197** (**permalink**) 12-29-2006, 07:04 AM

OneUnited has raised their rate from 5.25% to 5.30%. However, I read that you have to have a minimum balance of $1000 to qualify for the higher APY. I guess that means if you have a balance lower than the $1000, then you continue to receive 5.25%.

poundwise · #**198** (**permalink**) 01-01-2007, 05:37 PM

Updated the listing as of 01/01/07

As the previous posters mentioned:

OneUnited now requires $1,000 to open and to earn the stated interest. This account now offers 5.30% APY

GMAC dropped their rate to 5.20% (Commentary: Does anyone move their rate more than GMAC?)

There were a couple of other tweaks on the listing. Nothing significant.

vsjhoc · #**199** (**permalink**) 01-07-2007, 03:22 PM

About 6 months ago, I opened an account with UFB Direct. They offered, and still offer, one of the highest MMA rates on this list (thanks again poundwise for keeping this up!).

I just found out that they ran a credit report when I opened the account. So now I have a "hard" inquiry that stays on for 2 years and may lower my FICO score. Fortunately, I'm not planning to apply for credit this year, so it won't affect me.

I went back and checked the fine print on my signature card, and sure enough, I authorized them to pull the credit report. Who reads that fine print, anyway?

Seems pretty bizarre that I'm giving them my money, and they want to know if my credit is good enough.

kv968 · #**200** (**permalink**) 01-07-2007, 06:06 PM

Quote:

Originally Posted by vsjhoc

About 6 months ago, I opened an account with UFB Direct. They offered, and still offer, one of the highest MMA rates on this list (thanks again poundwise for keeping this up!).

I just found out that they ran a credit report when I opened the account. So now I have a "hard" inquiry that stays on for 2 years and may lower my FICO score. Fortunately, I'm not planning to apply for credit this year, so it won't affect me.

I went back and checked the fine print on my signature card, and sure enough, I authorized them to pull the credit report. Who reads that fine print, anyway?

Seems pretty bizarre that I'm giving them my money, and they want to know if my credit is good enough.

When applying for an online MMA or to open a CD it's good to check with the institution first to see whether they do a "hard" or "soft" pull on your credit. If they do a soft pull, it may still show up on your credit report but it won't be shown as an application for credit and won't affect your FICO score. It might not matter either way if you haven't applied for credit recently or aren't going to be for some time but if you've had too many credit inquiries already on your report, it could drop your score.