Want to know what the top rates are for the leading banks and credit unions? Stay abreast of the highest rates using the Savings Accounts – Current APYs wiki from InterestingMoney. To make it into the wiki, the accounts listed must meet these requirements: They must be available nationally. They must be fully liquid. No [...]
Archive for the Banking Category
Announcing the Savings Rates (APY) Wiki
Posted 16 November 2008 by Mr. BTagged As: | Categories: Banking, Savings | Comments Off
Breaking Up With E-Loan, Plus 175th Carnival of Personal Finance
Posted 25 October 2008 by Mr. BTagged As: | Categories: Carnivals, Savings | 1 Comment
(This is a lament for the E-Loan Savings Account.) Dear E-Loan, Oh, how far your greatness has fallen! Back when you were young, you greeted me with your glorious 5.5% APY! How I rushed to you, and how you comforted me! I looked at you in wonder and with confidence, and I bestowed upon you [...]
Fed Cuts Rate – Dollar Savings Direct Savings Rate Goes UP?
Posted 8 October 2008 by Mr. BTagged As: | Categories: Banking, Savings, The Fed | 5 Comments
(Rates may be out-dated. Please see the Current APY Wiki for updates) Can you believe it? This morning the Fed issued an emergency rate cut down to 1.5% (from 2%). While this is not unexpected – Wall Street has been crying and blubbering about a rate cut for a while now – the reaction of [...]
R.I.P. Washington Mutual
Posted 25 September 2008 by Mr. BTagged As: | Categories: Banking | Comments Off
Fairly beloved, we gather here to say our good-byes. In the biggest bank failure in US history, Washington Mutual crumbles. Her assets will be acquired by JPMorgan for 1.9 billion dollars. Wow. Don’t fret, though. Before you rush to withdraw funds, read this. Via CNN: Federal regulators, who helped shepherd the deal, stressed that the [...]
E-Loan Drops Savings Rate to 1% (5k or lower)
Posted 20 September 2008 by Mr. BTagged As: | Categories: Banking, Savings | 2 Comments
(Rates may be out-dated. Please see the Current APY Wiki for updates) This is just a quick “heads up” for those of you with E-Loan savings accounts. If your account has a balance under $5,000, your rate has suddenly dropped down to a measly 1%. That’s ONE PERCENT! Take a look: Did E-Loan bother to [...]
HSBC Quietly Lowers Rate to 3.25%
Posted 17 September 2008 by Mr. BTagged As: | Categories: Banking, Savings | 3 Comments
(Rates may be out-dated. Please see the Current APY Wiki for updates) As you may have heard, the Fed decided to keep the rate steady at 2% yesterday. Despite their decision, HSBC Direct decided to go ahead and lower their savings rate anyway. New rate: 3.25% APY (down from 3.50%) I’ve had an account with [...]
E-Trade – $25 Bonus Still Alive
Posted 27 August 2008 by Mr. BTagged As: | Categories: Banking, Savings | Comments Off
E-Trade is still running their $25 promotion for simply opening a Complete Savings account with them. This is the same promotion that they have been running for well over a year now. In fact, I took advantage of the $25 bonus back in February 2007. I admit that I only opened the account back then [...]
