Online Savings Accounts & Current Rates

[buzz]

Rates

GMAC and Capital 1 are both 4.4% now.

[sweeps]

GMAC and Capital 1 are both 4.4% now.

I just checked... GMAC is still 4.5%

[sweeps]

FNBO Direct now has a checking account (3.5%) and CDs.

Link | Hat-tip

[savingtaker]

Keydirect is 5.1 now

[BTC]

E*Trade's Complete Savings account appears to have jumped from 4.7% APY to 5.05% APY. Schwing.

[Aleta]

FNBO also had CD's now. They have a 9 month CD with an APY of 5.25%. $500. minimum deposit. You can just transfer your money from your online savings account and the account is open.

Only thing I thought was different is that it is compounded daily and interest added in quarterly. Usually, most banks add in the interest monthly.

[myself]

That's great. It's even better than EmigrantDirect's 4.75% savings account.

[poundwise]

Online savings updated today, December 3rd:

KeyDirect down from 5.25 to 4.95
M&T Bank down from 5.00 to 4.75
IGoBanking down from 5.00 to 4.90
Ultima Bank down from 4.90 to 4.75
Virtual Bank down from 4.60 to 4.25
UnivestDirect down from 4.55 to 4.50
Capital One down from 4.50 to 4.40

E*TRADE up from 4.70 to 5.05

AmTrust lowered their 90 day promo rate from 5.36 to 5.26 and no longer list their standard rate

WaMu, apparently, has stopped offering a high-interest online savings account; in any case, they are off the list for now

[savingtaker]

WaMu, apparently, has stopped offering a high-interest online savings account; in any case, they are off the list for now

Wamu still offers their online savings. It's still 4.75%. Well, you do have to open the Free Checking acct, and then open the linked online savings account with it.

[m3racer]

I noticed Salem Five Direct was not on the list of online checking accounts. Any feedback about this online bank?

[poundwise]

Wamu still offers their online savings. It's still 4.75%. Well, you do have to open the Free Checking acct, and then open the linked online savings account with it.

Yes. I see that on their site now. I'll add it back to the list.

[poundwise]

I noticed Salem Five Direct was not on the list of online checking accounts. Any feedback about this online bank?

I do not have any specific information to share, however, I've added this offering to the list and reviewed the rates on the other online checking accounts.

[poundwise]

Online savings updated tonight, December 9th:

UFB Direct down from 5.31 to 5.22
Ultima Bank down from 4.90 to 4.75
Amboy Direct down from 4.80 to 4.75

M&T Bank up from 4.75 to 5.00

[krayziebone33]

It looks like only a matter of time before OneUnited comes down.

[sweeps]

Perhaps ING will go below 4%?