Comments on: HSBC Direct Drops Savings Rate

By: Luna_C

Luna_C — Sun, 23 Dec 2007 23:49:52 +0000

Just wanted to add my two cents on Etrade: Not only are they offering the best rates, their customer service is insanely responsive. I’ve been very pleased with them.

By: kitty

kitty — Sun, 23 Dec 2007 05:17:10 +0000

FNBO direct still lists 5.05% yield and UFB direct – 5.22%.

By: Blaine Moore

Blaine Moore — Sat, 22 Dec 2007 22:59:47 +0000

My local brick and mortar had a guaranteed rate of 5.25% through the end of the year. I knew it would be going down and was expecting it to be really low, but thankfully they are only lowering it to 4.25% which means that I likely won’t go to the bother of moving the money out of the account.

I might consider Emigrant, but their interface is so bad that the only reason I haven’t closed the account was that I have been too lazy for it.

By: Credit Kid

Credit Kid — Sat, 22 Dec 2007 19:33:37 +0000

Why not just deposit with IndyMac or Countrywide. They’re offering desperately-high interest rates to boost their retail deposits.

And so long as you don’t deposit more than $100k, you’re safe.

By: RJ

RJ — Fri, 21 Dec 2007 22:45:06 +0000

MoneyNing-
I agree 100%. Good move for them, good for us.

By: MoneyNing

MoneyNing — Fri, 21 Dec 2007 18:31:53 +0000

RJ: I think it is a good move on ETrade’s part to keep the savings rate higher than everyone else to keep customer assets.

By: Tyler

Tyler — Fri, 21 Dec 2007 13:29:44 +0000

AmTrustDirect.com = 5.11% APY

By: Colin McConnell

Colin McConnell — Fri, 21 Dec 2007 13:16:22 +0000

My WAMU on-line savings account is still at 4.65% … I’ve closed my HSBC account, as it has been lagging for a month or two now. Countrywide Bank has some short-term CDs at a 5.5 APY.

By: RJ

RJ — Fri, 21 Dec 2007 04:57:41 +0000

Etrade Complete Savings account still holding at 4.93-5.05%yd. No minimum.