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Well, it appears that after having an account with an Internet Bank myself for over 3 years, I'd have a tendency to think so. I've also switched my primary checking account to an Internet Bank. The interest I earn on my checking is only 0.25% (until I get above $50k), but my savings is 1.1% right now, which is only about 70x more than what my local bank would pay me for savings. And I have very good control of the monies (plus/minus 3 days for transfers) all to myself. In my case, I work with ING direct, but there are others that are just as valid. Look for the FDIC that they offer, or don't go with them IMHO.
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Nice research Poundwise. You find out some awesome ideas to savings. And I hope you are right. I'm feeling interest in your thought. I've to think more to apply it. But please keep continue. Thank you.
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Long time no see Saving Advice friends! Hope all is well.
I've had the AMEX savings for 6 months with good results. The rate is staying constant at 1.15% and the infamous AMEX Customer Service comes with it. |
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I'm currently getting 1.5 at Redneck. I'm not aware of anything higher.
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