Banking
The Obligatory ING Referral Post - $25 for Orange Savings Account
Need an extra $25? Sure, we could all use some extra cash in this crappy economy. ING Direct is running a promotion for their Orange savings account (see rate wiki). Here’s how the promotion works:
If you click one of the links below and open an ING Direct account with at least $250, you will immediately [...]
Announcing the Savings Rates (APY) Wiki
Want to know what the top rates are for the leading banks and credit unions? Stay abreast of the highest rates using the Savings Accounts - Current APYs wiki from InterestingMoney.
To make it into the wiki, the accounts listed must meet these requirements:
They must be available nationally.
They must be fully liquid. No CDs in this [...]
Breaking Up With E-Loan, Plus 175th Carnival of Personal Finance
(This is a lament for the E-Loan Savings Account.)
Dear E-Loan,
Oh, how far your greatness has fallen! Back when you were young, you greeted me with your glorious 5.5% APY! How I rushed to you, and how you comforted me! I looked at you in wonder and with confidence, and I bestowed upon you all the [...]
Fed Cuts Rate - Dollar Savings Direct Savings Rate Goes UP?
(Rates may be out-dated. Please see the Current APY Wiki for updates)
Can you believe it? This morning the Fed issued an emergency rate cut down to 1.5% (from 2%). While this is not unexpected - Wall Street has been crying and blubbering about a rate cut for a while now - the reaction of Dollar [...]
R.I.P. Washington Mutual
Fairly beloved, we gather here to say our good-byes. In the biggest bank failure in US history, Washington Mutual crumbles. Her assets will be acquired by JPMorgan for 1.9 billion dollars.
Wow. Don’t fret, though. Before you rush to withdraw funds, read this. Via CNN:
Federal regulators, who helped shepherd the deal, stressed that the transition for [...]
E-Loan Drops Savings Rate to 1% (5k or lower)
(Rates may be out-dated. Please see the Current APY Wiki for updates)
This is just a quick “heads up” for those of you with E-Loan savings accounts. If your account has a balance under $5,000, your rate has suddenly dropped down to a measly 1%. That’s ONE PERCENT!
Take a look:
Did E-Loan bother to e-mail customers to [...]
HSBC Quietly Lowers Rate to 3.25%
(Rates may be out-dated. Please see the Current APY Wiki for updates)
As you may have heard, the Fed decided to keep the rate steady at 2% yesterday. Despite their decision, HSBC Direct decided to go ahead and lower their savings rate anyway.
New rate: 3.25% APY (down from 3.50%)
I’ve had an account with them for about [...]
