Comments on: Online Savings Account Rate Changes

By: John

John — Tue, 30 Jun 2009 19:35:48 +0000

No banks offer more than 2.25% on their savings rates. I have checked out all the ones discussed above.

By: David

David — Tue, 28 Oct 2008 20:24:28 +0000

GMAC Bank still has their no-minimum Online Savings @ 3.75%, and they also removed the $500 minimum on the Money Market, which isn’t as impressive @ 3.00%.

By: emilster

emilster — Mon, 27 Oct 2008 17:15:35 +0000

I work on the PR team representing MoneyAisle.com and we have been seeing high-yield savings account rates around 4% recently. So far it doesn’t seem that rate changes are affecting the 100 or so banks in our network.

By: Adam

Adam — Mon, 27 Oct 2008 16:18:57 +0000

dollarsavingsdirect.com is still 4.0% APY

By: cemccon

cemccon — Mon, 27 Oct 2008 15:10:05 +0000

How about adding Principal Bank and Discover Bank rates to your discussion? It would be nice to have on-line bank rates in one place. Bankrate often leaves many on-line bank rates out of their list.

By: Hector Lebron

Hector Lebron — Mon, 27 Oct 2008 12:35:06 +0000

I use FNBO, Dollarsavingsdirect and Banco Popular (Money Market). The last two are at 4.00% with the MM account guaranteed through 12/31/08. Closed my Emigrantdirect account to open the Dollarsavingsdirect. So far, customer service at both has been exceptional.

By: The Bargain Shopper Lady

The Bargain Shopper Lady — Sat, 25 Oct 2008 21:00:51 +0000

3.25 is still really good! I am not complaining!
My hubs got in a car accident and the lady who was at fault had AIG, so far, they have not paid up for the car! Any tips/ ideas? We call them about twice a week to remind them.
~The Bargain Shopper Lady

By: pluto

pluto — Sat, 25 Oct 2008 16:19:18 +0000

why FNBO shoudl be better than Etrade ?

By: Nick

Nick — Sat, 25 Oct 2008 01:15:28 +0000

Yep, those high yield savings accounts aren’t doing very much these days. I think they’re going to get worse before they get better too. It’s trickier than playing the stock market lately.

By: Miss m

Miss m — Fri, 24 Oct 2008 22:56:06 +0000

Of course I’m sad that FNBO dropped their rate but I’m not surprised, I expect it to drop again soon with all the talk of another fed rate cut. Sucks for savers. I’ll stick with FNBO, I’ve been happy with them and I like the liquidity of a savings account. I may put some money in a CD but never all of it.

By: gm

gm — Fri, 24 Oct 2008 20:40:24 +0000

Citibank is still offering a 6 month cd for 4%

By: gm

gm — Fri, 24 Oct 2008 20:34:34 +0000

Short term (6month) CDs probably are a better option.

By: Jacqui

Jacqui — Fri, 24 Oct 2008 20:33:34 +0000

My checking account is still making more interest than your savings account. http://www.centurybankdirect.com
Savings: 3.41%
Checking: 3.35%
Money Market: 3.57%