ETRADE Financial is offering high savings account interest rates at 3.01% APY. This is actually higher than certificate of deposit rates at many other financial institutions. E trade’s CDs are only at 1.70% APY at the highest for their 5 year CD! Current online savings account interest rates are so much better than other bank CD rates that it makes more sense to open a saving account at Etrade instead of a CD. This is the best deal in electronic banking right now.
Etrade Financial Bank is FDIC Insured and there are no minimums or account fees.
January 13th, 2009
1.25%
1.17%
1.16%