By Mr. B(Rates may be out of date. Please see the Savings Rate Wiki for the latest rates)
I regret to report that E*Trade just lowered the rate on their Complete Savings account to a miserly 1.20% APY. This is disappointing to me because I have the bulk of my emergency fund there. While their savings rate was never at the top of the rate chart (I do think fondly on the pre-crash days when they offered 5.05%), it’s like they’re not even trying to compete anymore. The Complete Savings Account is now almost at the very bottom of the rate Wiki. Even ING Direct has a higher rate! What a joke.
Suffice to say, it’s time to move my emergency fund elsewhere. Where to now? It’s a tough question because rates have been falling practically everyday.
For now, I’m heading to Alliant Credit Union. I just joined as part of my local PTA, and the current rate of 2.75% is respectable. Hey, it’s more than twice what E*Trade is now offering.
Hopefully I didn’t just jynx that rate. 
I’ll miss the lightning-fast transfers that E*Trade offers, but it just doesn’t seem as important now that interest rates are so low.
I have had an ETrade account for about a year. When I started it was 3.3% and is now down to .60%. What a joke. I am currently looking to move my money somewhere, but it took a good couple weeks to get everything going with ETrade that the thought of dealing with all that now just frustrates me. They are no longer on the charts for interest rates!