Comments on: Online Banking Roundup: WT Direct vs. HSBC, ING, and Emigrant http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 03:39:46 -0500 http://wordpress.org/?v=abc hourly 1 By: Louis http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-117237 Louis Mon, 12 May 2008 11:55:39 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-117237 I've been with WT for 9 months now, although the rate has dropped substantially, who's hasn't. I was under the impression when I checked them out they were rated higher, but I'm willing to sacrifice that aspect since their service has been so stellar. When you call customer serivce you actually talk to a representative, without the playing the "numbers" game. After I spent a month trying to contact a HSCB CS rep to close an account (they would not allow you to do it online), I won't even consider them. I’ve been with WT for 9 months now, although the rate has dropped substantially, who’s hasn’t. I was under the impression when I checked them out they were rated higher, but I’m willing to sacrifice that aspect since their service has been so stellar. When you call customer serivce you actually talk to a representative, without the playing the “numbers” game. After I spent a month trying to contact a HSCB CS rep to close an account (they would not allow you to do it online), I won’t even consider them.

]]> By: Tim http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-114921 Tim Thu, 31 Jan 2008 03:11:05 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-114921 Well, I realize your post is a little old, but it's starting to look like the high interest savings era is slowly dwindling away. <a href="http://themoneykings.com/blog/hsbc_direct_drops_interest_rate_to_3.80_percent" rel="nofollow">My rate is now at 3.80% with HSBC</a> as of 1/29/08. I posted a copy of the email they sent me on my blog post. On the plus side, I noticed my paypal account says it's still paying 4.29%. Well, I realize your post is a little old, but it’s starting to look like the high interest savings era is slowly dwindling away. My rate is now at 3.80% with HSBC as of 1/29/08. I posted a copy of the email they sent me on my blog post. On the plus side, I noticed my paypal account says it’s still paying 4.29%.

]]> By: Brad http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-114874 Brad Tue, 29 Jan 2008 23:20:21 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-114874 Have been with Amtrust for about 16 months, and have had NO issues at all with them. As posted earlier, only $1 to open and keep earning interest on their accounts. Even with recent rate cuts, I am still getting 4.5% APY on my MMA, and my fiance has just opened a new E-savings (5.11% APY for 90 days, then currently will go to 4.6% APY). Not knocking other options, but haven't found a solid reason yet why we would go elsewhere for these types of accounts. Have been with Amtrust for about 16 months, and have had NO issues at all with them. As posted earlier, only $1 to open and keep earning interest on their accounts. Even with recent rate cuts, I am still getting 4.5% APY on my MMA, and my fiance has just opened a new E-savings (5.11% APY for 90 days, then currently will go to 4.6% APY). Not knocking other options, but haven’t found a solid reason yet why we would go elsewhere for these types of accounts.

]]> By: Zach http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-114155 Zach Sat, 05 Jan 2008 00:16:43 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-114155 I love my ING Direct account. It doesn't have the highest APY but you won't get better customer service anywhere else. Also, their online interface is just easy and awesome. I love my ING Direct account. It doesn’t have the highest APY but you won’t get better customer service anywhere else. Also, their online interface is just easy and awesome.

]]> By: Dean http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-84709 Dean Sun, 23 Sep 2007 03:40:25 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-84709 Nevermind doesn't look like I'm eligible. And ira, WT Direct was rated 4 stars a year ago but now is only 1 star. Nevermind doesn’t look like I’m eligible. And ira, WT Direct was rated 4 stars a year ago but now is only 1 star.

]]> By: Dean http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-84707 Dean Sun, 23 Sep 2007 03:19:24 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-84707 GMAC's rate tooke a big hit this week down to 4.9%APY. Question: I have a online checking account with Everbank and was wondering if I would be elgible to get the 6% introductory rate if I opened a money market account with them? GMAC’s rate tooke a big hit this week down to 4.9%APY. Question: I have a online checking account with Everbank and was wondering if I would be elgible to get the 6% introductory rate if I opened a money market account with them?

]]> By: Rev http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79345 Rev Tue, 04 Sep 2007 16:17:23 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79345 I don't know why it is brought up more: www.gmacbank.com I have been using them for over a year and they are great. Great customer service as well as %5.30 APY. I don't even bother looking for the best interest rate anymore. Fast ACH, debit card, checks. I don’t know why it is brought up more:

http://www.gmacbank.com

I have been using them for over a year and they are great. Great customer service as well as %5.30 APY. I don’t even bother looking for the best interest rate anymore. Fast ACH, debit card, checks.

]]> By: nickel http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79308 nickel Tue, 04 Sep 2007 11:17:04 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79308 Ra'anan: When you do this using subaccounts, the interest income is taxed as if it's yours. It <i>is</i> possible, however, to create an account in the name of your child and then link it to your main ING account. In fact, you are required (I think) to link such accounts if the main account holder is under age 18. When I last did this, the ING signup process walked me through it. Ra’anan: When you do this using subaccounts, the interest income is taxed as if it’s yours. It is possible, however, to create an account in the name of your child and then link it to your main ING account. In fact, you are required (I think) to link such accounts if the main account holder is under age 18. When I last did this, the ING signup process walked me through it.

]]> By: Ra'anan http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79291 Ra'anan Tue, 04 Sep 2007 09:55:22 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79291 Nickel, RE: your comment on 10) Richard When you deposit $ in your ING account in your name linked to your checking w/kids' subaccounts, who gets taxed for interest on those accounts, you or your kids??? Nickel, RE: your comment on 10) Richard

When you deposit $ in your ING account in your name linked to your checking w/kids’ subaccounts, who gets taxed for interest on those accounts, you or your kids???

]]> By: correy http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79251 correy Tue, 04 Sep 2007 01:31:46 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79251 i just opened my first online account with ing but i need to find out the best way to do a 529? i just opened my first online account with ing but i need to find out the best way to do a 529?

]]> By: Tim http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79170 Tim Sun, 02 Sep 2007 20:10:00 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79170 I'm with Igobanking I’m with Igobanking

]]> By: Norm http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79168 Norm Sun, 02 Sep 2007 12:54:36 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79168 I use ING for my cd ladder. The cd rates are competitive and I really like their interface. The rest of my savings is in HSBC I use ING for my cd ladder. The cd rates are competitive and I really like their interface. The rest of my savings is in HSBC

]]> By: Buster http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79163 Buster Sat, 01 Sep 2007 20:04:51 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79163 No.11, Mr. Morris is right. I checked out Countrywide and they have 5.5 APR. No fees and FDIC No.11, Mr. Morris is right. I checked out Countrywide and they have 5.5 APR. No fees and FDIC

]]> By: ross http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79162 ross Sat, 01 Sep 2007 19:15:54 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79162 I only signed up for the Citi savings acct for the free $50. Same reason I signed up for ING's acct with the free $25. I checked out the AmTrust account and they advertise 5.31% APY, so I may take my free money and put it there finally. It's FDIC insured, and no fees. I only signed up for the Citi savings acct for the free $50. Same reason I signed up for ING’s acct with the free $25. I checked out the AmTrust account and they advertise 5.31% APY, so I may take my free money and put it there finally. It’s FDIC insured, and no fees.

]]> By: MoneyNing http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79161 MoneyNing Sat, 01 Sep 2007 19:08:20 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79161 I used to really manage this part of my savings and would jump to the bank that has the highest interest. Nowadays, I keep it in my etrade savings account that has 5.05%. I figure that I should spend the amount of time to think of how to earn more money than use that time to try to earn more interest because it would help me more. Am I wrong? I used to really manage this part of my savings and would jump to the bank that has the highest interest.

Nowadays, I keep it in my etrade savings account that has 5.05%. I figure that I should spend the amount of time to think of how to earn more money than use that time to try to earn more interest because it would help me more.

Am I wrong?

]]> By: ross http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79156 ross Sat, 01 Sep 2007 03:04:30 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79156 Right now Citi is offering a $50 bonus if you sign up for their "Ultimate Savings Acct". It has a 4.75% APR and no fees. It made me put my ING Direct account on the back burner. Right now Citi is offering a $50 bonus if you sign up for their “Ultimate Savings Acct”. It has a 4.75% APR and no fees. It made me put my ING Direct account on the back burner.

]]> By: kitty http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79155 kitty Sat, 01 Sep 2007 02:18:27 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79155 I am still using FNBO direct 6% promotional rate - transferred most of my HSBC direct money there as well as everything saved since they started the promotion and one matured CD. I also opened Citibank online savings with $50 when they had free $100 promotion - still waiting for my free $100. Will check out interest in all online banks once FNBO direct promotion ends. I am still using FNBO direct 6% promotional rate – transferred most of my HSBC direct money there as well as everything saved since they started the promotion and one matured CD. I also opened Citibank online savings with $50 when they had free $100 promotion – still waiting for my free $100.

Will check out interest in all online banks once FNBO direct promotion ends.

]]> By: Robert J. Morris http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79154 Robert J. Morris Fri, 31 Aug 2007 23:32:45 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79154 The best on-line banking I have found is Countrywide Bank. A giant bank, they pay 5.50% on $10,000 and up. Monthly statement, 3 transactions per month, same day transfer. The best on-line banking I have found is Countrywide Bank. A giant bank, they pay 5.50% on $10,000 and up. Monthly statement, 3 transactions per month, same day transfer.

]]> By: nickel http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79149 nickel Fri, 31 Aug 2007 17:39:58 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79149 Richard: This is actually a good topic for a post. In the mean time, I'll just say that we have an account in our name linked to our checking. We then created subaccounts. When our kids need money deposited, we take the money ourselves (or deposit it in our account) and then pull it out of our checking and into the correct subaccount at ING. Richard: This is actually a good topic for a post. In the mean time, I’ll just say that we have an account in our name linked to our checking. We then created subaccounts. When our kids need money deposited, we take the money ourselves (or deposit it in our account) and then pull it out of our checking and into the correct subaccount at ING.

]]> By: Kim http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79148 Kim Fri, 31 Aug 2007 17:17:50 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79148 Another good online savings bank is www.amtrustdirect.com - they currently pay 5.31 percent, $1 to open an account, and they mail statements each month. I have been with them almost a year and I really like them. I also have accounts with Ing ( interest is not competitive so I don't have much there anymore but I do like their website) and hsbc and emigrant. I don't know why AmTrustDirect isn't discussed more often. I can't remember where I first heard about them but I have been very satisfied. Another good online savings bank is http://www.amtrustdirect.com – they currently pay 5.31 percent, $1 to open an account, and they mail statements each month. I have been with them almost a year and I really like them. I also have accounts with Ing ( interest is not competitive so I don’t have much there anymore but I do like their website) and hsbc and emigrant. I don’t know why AmTrustDirect isn’t discussed more often. I can’t remember where I first heard about them but I have been very satisfied.

]]> By: Richard http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79147 Richard Fri, 31 Aug 2007 15:59:48 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79147 A quick question for you. I've got three boys, and right now, their money is in a custodial account at the credit union earning 1.0%. I was under the impression that ING required a checking account or something to open an account - I couldn't figure out how to get the kid's money in there. If you've got some good ways to sock their birthday & Christmas money away (we have 529s for college), I would love to hear it. A quick question for you. I’ve got three boys, and right now, their money is in a custodial account at the credit union earning 1.0%.

I was under the impression that ING required a checking account or something to open an account – I couldn’t figure out how to get the kid’s money in there.

If you’ve got some good ways to sock their birthday & Christmas money away (we have 529s for college), I would love to hear it.

]]> By: Eric http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79146 Eric Fri, 31 Aug 2007 14:26:53 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79146 Thanks for the good info! I've been using ING Direct primarily because of the initial signup bonus and the sub-account functionality. I'm looking at diversifying some of the money I have there into some accounts that yield a better interest rate. I'm going to checkout WT Direct today. Thanks for the good info! I’ve been using ING Direct primarily because of the initial signup bonus and the sub-account functionality. I’m looking at diversifying some of the money I have there into some accounts that yield a better interest rate. I’m going to checkout WT Direct today.

]]> By: nickel http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79145 nickel Fri, 31 Aug 2007 14:21:09 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79145 ira: I'm not sure where you're seeing that... Go to Bankrate Safe & Sound ratings page and look it up. They don't list WT Direct, but they do list Wilmington Trust FSB (the parent company). As of right now, it has one star. Perhaps you're looking at something other than the Safe & Sound Rating? ira: I’m not sure where you’re seeing that… Go to Bankrate Safe & Sound ratings page and look it up. They don’t list WT Direct, but they do list Wilmington Trust FSB (the parent company). As of right now, it has one star. Perhaps you’re looking at something other than the Safe & Sound Rating?

]]> By: ira http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79144 ira Fri, 31 Aug 2007 13:41:01 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79144 WT Direct is 4 stars today per bankrate.com WT Direct is 4 stars today per bankrate.com

]]> By: MITBeta http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79142 MITBeta Fri, 31 Aug 2007 12:59:26 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79142 @razmaspaz: I did a similar search for a new online bank after my current bank's rating dropped to a 1 star rating at Bankrate.com. I used google and found a number of lists that ranked banks. Most of them put Wells Fargo, Citibank, and B of A in the top positions. One other "little" online only bank that pops up consistently and gets a 4 star rating from Bankrate is Everbank. EB has a yield pledge to keep its offerings in the top 5% of national survey yields. I am currently in the process of opening an account with EB (6% introductory yield on both checking and money market accounts...). @razmaspaz:

I did a similar search for a new online bank after my current bank’s rating dropped to a 1 star rating at Bankrate.com. I used google and found a number of lists that ranked banks. Most of them put Wells Fargo, Citibank, and B of A in the top positions.

One other “little” online only bank that pops up consistently and gets a 4 star rating from Bankrate is Everbank. EB has a yield pledge to keep its offerings in the top 5% of national survey yields. I am currently in the process of opening an account with EB (6% introductory yield on both checking and money market accounts…).

]]> By: Blaine Moore http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79141 Blaine Moore Fri, 31 Aug 2007 12:55:34 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79141 I am in the same boat with Emigrant; $10 to keep the account open, otherwise ignored. Every quarter or so I download my statements. I used to use HSBC for the 5.05% (and their 6% on new money promotion was great!) but while their site is serviceable I am not a huge fan. I haven't tried ING yet because of the lower interest rate. Right now, I am using a local brick & mortar bank for my savings. I get 5.25% savings, although the checking is 0%. However, I get same-day transfers between my savings and checking, which when combined with a better interest rate beats out HSBC by a mile. The online access is also serviceable, if not stellar. I am in the same boat with Emigrant; $10 to keep the account open, otherwise ignored. Every quarter or so I download my statements.

I used to use HSBC for the 5.05% (and their 6% on new money promotion was great!) but while their site is serviceable I am not a huge fan. I haven’t tried ING yet because of the lower interest rate.

Right now, I am using a local brick & mortar bank for my savings. I get 5.25% savings, although the checking is 0%. However, I get same-day transfers between my savings and checking, which when combined with a better interest rate beats out HSBC by a mile.

The online access is also serviceable, if not stellar.

]]> By: razmaspaz http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79139 razmaspaz Fri, 31 Aug 2007 12:33:37 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79139 I am thinking of switching banks from the local credit union to an online bank. Fidelity is my current leader. My retirement savings are with Fidelity, and there are a lot of services available after a certain threshold of assets held there. I'm changing jobs here shortly, so I figure now is a good time since I've got to fill out all those direct deposit forms anyway. Fidelity just created a new checking/savings account type that seems pretty good. Is there a detailed comparison of the leading banks out there somewhere? I am thinking of switching banks from the local credit union to an online bank. Fidelity is my current leader. My retirement savings are with Fidelity, and there are a lot of services available after a certain threshold of assets held there. I’m changing jobs here shortly, so I figure now is a good time since I’ve got to fill out all those direct deposit forms anyway. Fidelity just created a new checking/savings account type that seems pretty good. Is there a detailed comparison of the leading banks out there somewhere?

]]> By: Thad http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/comment-page-1/#comment-79136 Thad Fri, 31 Aug 2007 12:23:38 +0000 http://www.fivecentnickel.com/2007/08/31/online-banking-roundup-wt-direct-vs-hsbc-ing-and-emigrant/#comment-79136 I would highly recommend Presidential Bank. http://www.presidential.com/ Their online CHECKING account is currently yielding 4.50% APY (up to $25,000). It requires $1500 to open, and has a $1000 minimum balance. Their website is a little dated, but their online bill-pay service is fantastic. They also offer an online SAVINGS account that is currently yielding 5.25% APY (up to $35,000). It requires a $5,000 initial deposit. I don't use the savings account, since I use Vanguard's Prime Money Market account for my emergency fund. But, I do LOVE the checking account, and have been using it now for about 3 years with no complaints. Thad I would highly recommend Presidential Bank.
http://www.presidential.com/

Their online CHECKING account is currently yielding 4.50% APY (up to $25,000). It requires $1500 to open, and has a $1000 minimum balance. Their website is a little dated, but their online bill-pay service is fantastic.

They also offer an online SAVINGS account that is currently yielding 5.25% APY (up to $35,000). It requires a $5,000 initial deposit.

I don’t use the savings account, since I use Vanguard’s Prime Money Market account for my emergency fund. But, I do LOVE the checking account, and have been using it now for about 3 years with no complaints.

Thad

]]>