Online Savings Accounts & Current Rates

[krayziebone33]

HSBC is annoying me... lol. they keep dropping the rates! im not one (any more!) to rate chase, so we're just dealing with the drop and keeping the money put. oh well...

That's how I feel. I am holding on right now, but if they drop again in the near future, I'll have no choice but to move my money. It seems like they drop every time I check my account, which is quite often. We'll see what happens. Stay tuned . . .

[Ima saver]

Well, I have decided to open an account with umbrella bank,their pot of gold money market. It is paying 5% and I am only getting 4.1 locally. Has anybody had good luck with umbrella bank??

[poundwise]

Major changes 12/25/2007

I will no longer attempt to track online interest checking rates on a regular basis nor will I track CD rates. If anyone would like any help locating top CD rates, etc. then I'll be glad to help; as will others on this forum but, due to the time it takes to keep track of all of these accounts, this list will revert to concentrating on the online savings accounts available.

Adjustments made today:

AmTrust Direct down from 5.26 to 5.11 (still listed as a promo rate)
Savings Square down from 5.10 to 5.00
Apple Bank down from 5.00 to 4.90
M&T Bank down from 5.00 to 4.85
Key Direct down from 4.95 to 4.75
Ultima Bank down from 4.75 to 4.59
ELOAN down from 4.75 to 4.50
Emigrant Direct down from 4.75 to 4.65
Presidential Bank down from 4.60 to 4.40
Virtual Bank down from 4.38 to 4.03 (dropped from the listing)
HSBC down from 4.50 to 4.25
UnivestDirect down from 4.50 to 4.25
ING Direct down from 4.20 to 4.10

[krayziebone33]

Major changes 12/25/2007

I will no longer attempt to track online interest checking rates on a regular basis nor will I track CD rates. If anyone would like any help locating top CD rates, etc. then I'll be glad to help; as will others on this forum but, due to the time it takes to keep track of all of these accounts, this list will revert to concentrating on the online savings accounts available.

Adjustments made today:

AmTrust Direct down from 5.26 to 5.11 (still listed as a promo rate)
Savings Square down from 5.10 to 5.00
Apple Bank down from 5.00 to 4.90
M&T Bank down from 5.00 to 4.85
Key Direct down from 4.95 to 4.75
Ultima Bank down from 4.75 to 4.59
ELOAN down from 4.75 to 4.50
Emigrant Direct down from 4.75 to 4.65
Presidential Bank down from 4.60 to 4.40
Virtual Bank down from 4.38 to 4.03 (dropped from the listing)
HSBC down from 4.50 to 4.25
UnivestDirect down from 4.50 to 4.25
ING Direct down from 4.20 to 4.10

Poundwise, what you do is hard work and I truly appreciate it. I think I speak for everyone else on here when I say WE appreciate it.

[m3racer]

Poundwise, what you do is hard work and I truly appreciate it. I think I speak for everyone else on here when I say WE appreciate it.

+1

[sweeps]

You slacker, Poundwise.

[Ima saver]

WE really do appreciate it, thanks!!

[asmom]

Major changes 12/25/2007

I will no longer attempt to track online interest checking rates on a regular basis nor will I track CD rates. If anyone would like any help locating top CD rates, etc. then I'll be glad to help; as will others on this forum but, due to the time it takes to keep track of all of these accounts, this list will revert to concentrating on the online savings accounts available.

Adjustments made today:

AmTrust Direct down from 5.26 to 5.11 (still listed as a promo rate)
Savings Square down from 5.10 to 5.00
Apple Bank down from 5.00 to 4.90
M&T Bank down from 5.00 to 4.85
Key Direct down from 4.95 to 4.75
Ultima Bank down from 4.75 to 4.59
ELOAN down from 4.75 to 4.50
Emigrant Direct down from 4.75 to 4.65
Presidential Bank down from 4.60 to 4.40
Virtual Bank down from 4.38 to 4.03 (dropped from the listing)
HSBC down from 4.50 to 4.25
UnivestDirect down from 4.50 to 4.25
ING Direct down from 4.20 to 4.10

Poundwise for all the time and trouble you put into this, it was much appreciated!!!!

[sweeps]

CrapOne is down to 4.30%.

[Ima saver]

What is CrapOne??

[safari]

Capital One

[poundwise]

Don't ask him what the alternative moniker is for Citibank.

[bishop]

poundwise, thanks for all the work, I know how consuming it can be...sorry if this has been mentioned before (I searched and didn't see anything on it), but bankrate.com tracks all the rates as well, which could save you alot of leg work.

[poundwise]

poundwise, thanks for all the work, I know how consuming it can be...sorry if this has been mentioned before (I searched and didn't see anything on it), but bankrate.com tracks all the rates as well, which could save you alot of leg work.

Bankrate is a nice resource but they do not track all the rates. In fact, there are several accounts tracked here that are not listed on Bankrate's high-yield MMA and savings account list. (Amboy Direct, M&T Bank, Key Direct, Shore Bank, etc.)

In addition, our list narrows the field a bit by not listing accounts offering below a certain rate or requiring high minimums for opening an account, earning the stated interest, or avoiding fees.

In any case, thanks for the compliment and the suggestion.

[Ima saver]

I just opened an account with Umbrellabank and now I here that they have a very low rating. How do I look up and see what a bank is rated? Appreciate the help!!