Archive for January, 2008
Countrywide Bank has the best online savings account rates at 5.00% APY. Compare this with the other companies and they come out on top.
eTrade: 4.40% APY
ING DIRECT: 3.65% APY
HSBC Direct: 3.80% APY
Eloan: 4.00% APY
You will need to maintain a minimum of $10,000 in your account to get the highest rate of 5.00% APY. Balances [...]
Countrywide Bank has the highest certificate of deposit rates on a 3 month CD at an amazing 4.80% APY. There was a lot of concern regarding Countrywide Bank however they were recently bought by Bank of America. Their investment products are also FDIC insured by the US Government so your money is guaranteed [...]
I had an online savings account with Eloan for almost a year because of their high rates. It turns out they were lacking in a few areas that made me close my account with them and switch to ETrade.
When I opened my account with Eloan their rates were very high-around 5.4% APY for an [...]
ETrade has a great rate for a 6 month CD at 5.18% APY. Click on the link for list of all their CD rates.
It’s very easy to open an account with ETrade online. I actually switched my online savings account from Eloan to Etrade recently.
A minimum of $1000 is required to open a new [...]
All of these banks are FDIC insured. The promos do change so check for updates.
WT Direct Bank:
Bank Of Internet:
Indymac Bank has very high CD rates for their 3 month CD at 5.40% APY. A high rate on a 3 month CD is great because your money is not tied up for long.
The main drawback is that they require $5,000 minimum to open a CD. They are FDIC insured.
In contrast Eloan’s 3 month CD [...]
2.00%
1.25%
1.17%