Online Savings Accounts & Current Rates - Page 9

poundwise · #**161** (**permalink**) 10-24-2006, 08:33 AM

Update today: 10/24

UFBDirect up from 5.26% APY to 5.28% APY

risknothing · #**162** (**permalink**) 10-24-2006, 04:14 PM

Does Amtrust charge you close an account? I decided that GMAC Bank is better.

poundwise · #**163** (**permalink**) 10-24-2006, 06:24 PM

Quote:

Originally Posted by risknothing

Does Amtrust charge you close an account? I decided that GMAC Bank is better.

I'm sure they could tell you if you called them, however, there is no language in their terms that would indicate that they would attempt to charge you a fee for closing your account whenever you'd like.

wyett3 · #**164** (**permalink**) 10-26-2006, 04:42 PM

Quote:

Originally Posted by poundwise

The accounts in this list require $1,000 or more to open but require $1,000 or less to earn a high rate of interest and to avoid fees. At the present time, this list will not include any MMA offering less than 5.00% APY.

Presidential savings (now at 5.25%) dropped its $5,000 min balance req a while back although it retains the opener http://www.presidentialbank.com/. Their online checking account on the same page could go down here as an honorable mention as its 4.50% is higher than ING's. And according to their banner they're the the one's who started it all

I'll also bang on my drum to let any interested party know that I have some of those Amboy Premium referals to hand out.

sweeps · #**165** (**permalink**) 10-26-2006, 05:31 PM

Quote:

Originally Posted by wyett3

And according to [Presidential Bank's] banner they're the the one's who started it all

And you can tell they haven't updated their web site since.

poundwise · #**166** (**permalink**) 10-26-2006, 06:31 PM

LOL

That's some old school HTML all right.

wyett, I'll add Presidential to the list.

wyett3 · #**167** (**permalink**) 10-27-2006, 05:10 AM

Oh well, sweet nostalgia! It's the rate that counts.

poundwise · #**168** (**permalink**) 10-31-2006, 07:48 PM

Updated 11/01/06

No changes

E*TRADE offer may expire today unless they extend it again

poundwise · #**169** (**permalink**) 11-02-2006, 05:18 AM

The special rate offer from E*TRADE expired October 31, 2006. They have been removed from the list. If they renew the offer I will repost it.

aleish · #**170** (**permalink**) 11-04-2006, 01:32 PM

thank you for the list!

poundwise · #**171** (**permalink**) 11-06-2006, 07:07 AM

Quote:

Originally Posted by aleish

thank you for the list!

You're welcome!

poundwise · #**172** (**permalink**) 11-08-2006, 11:21 AM

Update 11/08

Apple Bank (Grand Yield): Up from 5.25% to 5.27% APY

Side note: Both E-Loan and AmTrust bank have lowered their CD rate offers

tinapbeana · #**173** (**permalink**) 11-08-2006, 11:28 AM

Quote:

Originally Posted by poundwise

Update 11/08

Apple Bank (Grand Yield): Up from 5.25% to 5.27% APY

Side note: Both E-Loan and AmTrust bank have lowered their CD rate offers

woohoo, I've got Apple Bank!!!

safari · #**174** (**permalink**) 11-10-2006, 01:13 AM

GMAC Bank Money Market Savings is now 5.30% APY as of 11/10/06.

sweeps · #**175** (**permalink**) 11-10-2006, 04:02 AM

Quote:

Originally Posted by safari

GMAC Bank Money Market Savings is now 5.30% APY as of 11/10/06.

Cool. Is this the E-LOAN effect we're seeing?

poundwise · #**176** (**permalink**) 11-10-2006, 02:52 PM

Update 11/10 --

Made the update to GMAC, as reported above. This move is an upward one, from 5.25% APY to 5.30% APY. As a reminder GMAC requires a balance of $500 to avoid fees and to earn this interest level.

This is good news for GMAC account holders. I hope it holds up long-term. The last time GMAC was at the top of the list it was for less than two weeks as they reduced their rate after a very short period.

I hope we'll see some others, such as HSBC and Emigrant, follow suit to keep pace with GMAC, Amboy, ELOAN, and others. Though they may be content to be the 'middle of the road' between ING and the leaders. I believe ING and HSBC do the most advertising (outside the confines of the Internet.) Maybe that keeps them plump with account holders while at the same time preventing them both needing to or being able to offer higher rates.

Regardless, I'll say again what I've said before. I just think its great that all of these accounts, from ING to ELOAN are available to us as options.

risknothing · #**177** (**permalink**) 11-12-2006, 07:28 PM

Why doesnt the WaMu statement savings qualify for this list? You have to have the checking account just like Citi.

risknothing · #**178** (**permalink**) 11-13-2006, 04:26 AM

E-trade just added a product called complete savings. No min and the rate is at 5.05%.

poundwise · #**179** (**permalink**) 11-13-2006, 04:35 AM

Quote:

Originally Posted by risknothing

Why doesnt the WaMu statement savings qualify for this list? You have to have the checking account just like Citi.

Who said that it didn't?

Just needed it brought to my attention.

poundwise · #**180** (**permalink**) 11-13-2006, 04:47 AM

Quote:

Originally Posted by risknothing

E-trade just added a product called complete savings. No min and the rate is at 5.05%.

Great! E*Trade has been the on list for a while, but only with 'limited time offers.' It's good to see them step up with a regular offering at a higher rate. I'll add this account to the list as well. Thanks for pointing it out.