Online Savings Accounts & Current Rates

[safari]

Without having to read all 24 pages, could some one give me their advice on the internet banks paying 5%?? Which one is the easiest to use? I am not at all good at computers! Which banks are you happy with??

I am happy with Countrywide Bank's SavingsLink Account, which is currently paying 5.3% on balances greater than $10,000. They are also offering 5.5% rate on 3 and 6-month CD's. Link. Some people speculate that Countrywide might fold because of their credit problems, but as long as you keep under $100,000 there, your money is insured by FDIC.

[BTC]

INGDirect Savings Account is not at 4.10% APY.

Sorry to pile on, but effective 12/13/07 the yield was set to 4.10%.

I'm not sure why, but ING Direct's checking account pays considerably more than their savings account on balances of 50K, or more. The yield is 4.65 on balances of 50K-99,999, and 4.8 on 100K+.

[sweeps]

Sorry to pile on, but effective 12/13/07 the yield was set to 4.10%.

After I responded to the poster... I wonder if he meant "now" the yield is 4.10% (instead of "not").

I'm not sure why, but ING Direct's checking account pays considerably more than their savings account on balances of 50K, or more. The yield is 4.65 on balances of 50K-99,999, and 4.8 on 100K+.

They probably want people to make them their sole checking account. I'm sure after they have a critical mass of customers, they'll drop the hammer.

[savingtaker]

emigrantdirect just dropped to 4.65

[Aleta]

Emigrant's rate drop was only a matter of time. It is still better than 4.50%

[BTC]

I don't know when it happened, but E-Loan is down to 4.5% APY

[Broken Arrow]

Without having to read all 24 pages, could some one give me their advice on the internet banks paying 5%?? Which one is the easiest to use? I am not at all good at computers! Which banks are you happy with??

Um, Poundwise updates the list on the beginning of this thread?

[sweeps]

emigrantdirect just dropped to 4.65

If you speak Spanish, you can get 5.05%.

[Aleta]

That shouldn't be legal. It's discrimination. I guess it's no worse than Bank of America giving credit cards and accounts to people who are illegally here. Right now our country is upside down and the rule of law doesn't seem to mean anything anymore especially to the big corporations.

[safari]

That shouldn't be legal. It's discrimination. I guess it's no worse than Bank of America giving credit cards and accounts to people who are illegally here. Right now our country is upside down and the rule of law doesn't seem to mean anything anymore especially to the big corporations.

Actually, you don't have to speak Spanish to earn 5.05% APY. BancoFortuna has an English site offering the same rate.

[Pitman]

After I responded to the poster... I wonder if he meant "now" the yield is 4.10% (instead of "not").

*laughs* I actually meant now, the "not" was a typo. Just wanted to give members the heads up.

[krayziebone33]

HSBC is down to 4.25%.

[poundwise]

Actually, you don't have to speak Spanish to earn 5.05% APY. BancoFortuna has an English site offering the same rate.

¡Qué interesante!

[Aleta]

Glad that I moved my money out of there at HSBC.

[Coleroo]

HSBC is annoying me... lol. they keep dropping the rates! im not one (any more!) to rate chase, so we're just dealing with the drop and keeping the money put. oh well...