Online Savings Accounts & Current Rates

[savingtaker]

I just got an email from FNBO Direct. They are dropping their yield to 4.30%.

According to their website, it's already been dropped.

It was funny, I was on their site, and I literally watched it change from 5.05 to 4.3.

[poundwise]

Apple Bank dropped to 4.25%.

Updated. Thanks.

[savingtaker]

I don't disagree that it is odd for them to hold their rate so comparatively high, I just don't necessarily come to same conclusion that it represents something negative about the bank.

Quite true. In any case, the deposits are FDIC insured.

[poundwise]

I just got an email from FNBO Direct. They are dropping their yield to 4.30%.

According to their website, it's already been dropped. It was funny, I was on their site, and I literally watched it change from 5.05 to 4.3.

Updated. Thanks.

[BTC]

Sorry. Most of my savings are in an FNBO Direct account. I've been looking for a good reason to move most of it into my E*Trade savings account, where I can then transfer it into my brokerage account, invest it and lose it with just a few clicks of the mouse.

[BTC]

Yeah, I also checked FNBO's website and it had been updated. And here I was thinking I was earning 5.05% APY today.

[savingtaker]

Sorry. Most of my savings are in an FNBO Direct account. I've been looking for a good reason to move most of it into my E*Trade savings account, where I can then transfer it into my brokerage account, invest it and lose it with just a few clicks of the mouse.

Hah, maybe this is a sign. And maybe you'll actually end up making more money.

[Aleta]

Actually the apr is 4.22 at FNBO and the APY is 4.30. It became effective as of today. I think that some of the other online banks are actually higher than this.

[BTC]

Actually the apr is 4.22 at FNBO and the APY is 4.30. It became effective as of today. I think that some of the other online banks are actually higher than this.

Thanks for the update. It's timely information like this that keeps me coming back to this site.

[MoneyenoM]

Get 7% at Patelco CU
CD 12-month term
$1,000 maximum
$1,000 minimum opening balance
Available for new members only.

I can't post the link because of the forum rules
Just search for Patelco in google

[poundwise]

Get 7% at Patelco CU
CD 12-month term
$1,000 maximum
$1,000 minimum opening balance
Available for new members only.

I can't post the link because of the forum rules
Just search for Patelco in google

That's a fantastic deal, however, you must live in or around San Francisco, be an employee of a company serviced by Patelco, or have family members who are already members, to be eligible for a membership. link

[safari]

That's a fantastic deal, however, you must live in or around San Francisco, be an employee of a company serviced by Patelco, or have family members who are already members, to be eligible for a membership. link

I wouldn't call it a fantastic deal. The maximum deposit is only $1,000. Personally, I wouldn't bother opening a CD with just $1,000.

[Maxwell76]

Capital One is killing me! They're now down to 3.50%.

I previously had thought about switching to E-trade, but they've just dropped from 5.05% to 4.40%.

[Ima saver]

Every body is dropping their rates. I just tied up 200K at a bank paying 4.8% for a year!! They will pay 5% for 6 months!

[BTC]

Emigrant Direct dropped their yield from 4.55% to 4.30%