Online Savings Accounts & Current Rates

[wyett3]

Re: Summary post of online MMA rates

Oh well, sweet nostalgia! It's the rate that counts.

[poundwise]

Re: Summary post of online MMA rates


Updated 11/01/06

No changes

E*TRADE offer may expire today unless they extend it again

[poundwise]

Re: Summary post of online MMA rates


The special rate offer from E*TRADE expired October 31, 2006. They have been removed from the list. If they renew the offer I will repost it.

[aleish]

Re: Summary post of online MMA rates

thank you for the list!

[poundwise]

Re: Summary post of online MMA rates

thank you for the list!

You're welcome!

[poundwise]

Re: Summary post of online MMA rates


Update 11/08

Apple Bank (Grand Yield): Up from 5.25% to 5.27% APY


Side note: Both E-Loan and AmTrust bank have lowered their CD rate offers

[tinapbeana]

Re: Summary post of online MMA rates

Update 11/08

Apple Bank (Grand Yield): Up from 5.25% to 5.27% APY


Side note: Both E-Loan and AmTrust bank have lowered their CD rate offers

woohoo, I've got Apple Bank!!!

[safari]

Re: Summary post of online MMA rates

GMAC Bank Money Market Savings is now 5.30% APY as of 11/10/06.

[sweeps]

Re: Summary post of online MMA rates

GMAC Bank Money Market Savings is now 5.30% APY as of 11/10/06.

Cool. Is this the E-LOAN effect we're seeing?

[poundwise]

Re: Summary post of online MMA rates


Update 11/10 --

Made the update to GMAC, as reported above. This move is an upward one, from 5.25% APY to 5.30% APY. As a reminder GMAC requires a balance of $500 to avoid fees and to earn this interest level.

This is good news for GMAC account holders. I hope it holds up long-term. The last time GMAC was at the top of the list it was for less than two weeks as they reduced their rate after a very short period.

I hope we'll see some others, such as HSBC and Emigrant, follow suit to keep pace with GMAC, Amboy, ELOAN, and others. Though they may be content to be the 'middle of the road' between ING and the leaders. I believe ING and HSBC do the most advertising (outside the confines of the Internet.) Maybe that keeps them plump with account holders while at the same time preventing them both needing to or being able to offer higher rates.

Regardless, I'll say again what I've said before. I just think its great that all of these accounts, from ING to ELOAN are available to us as options.

[risknothing]

Re: Summary post of online MMA rates

Why doesnt the WaMu statement savings qualify for this list? You have to have the checking account just like Citi.

[risknothing]

Re: Summary post of online MMA rates

E-trade just added a product called complete savings. No min and the rate is at 5.05%.

[poundwise]

Re: Summary post of online MMA rates

Why doesnt the WaMu statement savings qualify for this list? You have to have the checking account just like Citi.

Who said that it didn't?

Just needed it brought to my attention.

[poundwise]

Re: Summary post of online MMA rates

E-trade just added a product called complete savings. No min and the rate is at 5.05%.

Great! E*Trade has been the on list for a while, but only with 'limited time offers.' It's good to see them step up with a regular offering at a higher rate. I'll add this account to the list as well. Thanks for pointing it out.

[risknothing]

Re: Summary post of online MMA rates

Poundwise, how about IndyMac bank for list B? They have a 5.00% MMA