Online Savings Accounts & Current Rates

[poundwise]

IGoBank is down to 5.17%.

Updated tonight. Thanks!

[poundwise]

The Saving Advice online account interest rates list now includes the top available CDs!

Your help in keeping up with new offers and rate changes is always appreciated.

[coffeebreak]

Emigrant Direct dropped their savings rate to 4.75% tonight. Down from 5.05%

[cptacek]

Poundwise, I just want to thank you for keeping on top of this. This is a great reference.

[poundwise]

Emigrant Direct dropped their savings rate to 4.75% tonight. Down from 5.05%

Updated. Thanks!

Another 5.05% bites the dust

[poundwise]

Poundwise, I just want to thank you for keeping on top of this. This is a great reference.

Absolutely. You're welcome!

[BTC]

FNBO's 5.05% is looking better & better. I wish they had faster transfers.

[Aleta]

I checked my emigrant direct account this morning and saw that their rate had dropped like the above poster said. I just called and they said the new rate is effective as of today Sept. 28. The APR is 4.64% and the APY is 4.75. I transferred all except $10 from ING Direct to Emigrant Direct. 4.75 is still better than 4.30. That's almost a 1/2 point more.

[Aleta]

Also, I called ING just now, because I wanted to see what their APR is and it's 4.2175 and of course the APY is 4.30. Sorry, but I consider 4.22 a bit too low for a savings account.

[poundwise]

For those of you dissatisfied with your current rate, remember that AmTrust, iGOBanking, and Apple Bank have already dropped their rates in response to the recent Fed move. Meaning, AmTrust's 5.21% APY, iGOBanking's 5.17% APY, and Apple's 5.15% APY are "post drop" rates. Though that's no guarantee of future rate performance, I thought it was worth noting.

[sweeps]

Also, I called ING just now, because I wanted to see what their APR is and it's 4.2175 and of course the APY is 4.30. Sorry, but I consider 4.22 a bit too low for a savings account.

Practically all savings accounts and CDs report their rates in APY. I don't disagree that ING's rate is low, but just be sure you're comparing apples to apples.

[eisor]

For those of you dissatisfied with your current rate, remember that AmTrust, iGOBanking, and Apple Bank have already dropped their rates in response to the recent Fed move. Meaning, AmTrust's 5.21% APY, iGOBanking's 5.17% APY, and Apple's 5.15% APY are "post drop" rates. Though that's no guarantee of future rate performance, I thought it was worth noting.

Good to know!!

Thanks!

[Aleta]

sweeps: Your are right to say what you said, because there are a lot of factors to consider. One is by moving your account to another, will the float time be worth it

Sometimes when I look at CD rates, I have to consider the amount of gas I'm using, tolls, time, and GOING BACK TO THE SAME BANK when the CD has matured. There are many variables to look at.

[krayziebone33]

Poundwise, I just want to thank you for keeping on top of this. This is a great reference.

I feel the same way. Thank you, Poundwise.

[sweeps]

E*Loan just dropped to 4.75%. Glad I got out of that one.
AmTrust down to 5.16%. Still a respectable yield.