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Selected category: Savings
The big news this week was the drop today in DollarSavingsDirect's savings rate from 4% APY to 3.5% APY. DollarSavings represented the last 4% APY savings rate and its drop, along with several other banks brought the average rate on savings accounts from the BestCashCow rate table down below 3% APY.
Read →Etrade is offering $25 to open a new online savings account and fund it with $1. The $1 minimum deposit required to receive the $25 is as low as they get.
Read →I've recently stepped up my opening of online bank accounts, but now I am getting concerned that while the process makes sense to keep my savings growing, I may be killing my credit rating.
Read →Wachovia's Way2Save program provides users with a 5% APY return on cash deposited into a savings account as well as a bonus of up to $300 dollars.
Read →The Fed cut its Fed Funds rate to 0-.25% last week but there are still some very attractive savings and CD rates. Get them before they are gone.
Read →Money market funds invested in Treasuries will provide a negative return to investors if the Fed cuts rates next week, as its widely expected to do. This will be the first time this has ever happened. It's another
Read →Online brokers are stepping up in a bid to grab customers amid a volatile market. Etrade is offering up to $500 cash for users who join its Power ETrade program.
Read →Etrade is offering $25 to open a Max-Rate Savings Account. The account currently pays 3.3% APY which is competitive.
Read →Well, once you get past the mug of Suze Orman, you can decide if this account is for you. Deposit at least $100 into the account monthly for a year and at the end of the 12 months you'll receive an extra $100.
Read →Bloomberg published an article today in which several analysts and bank execs said the rates being paid by some banks was insanity (way too high). I guess they haven't heard of competition or of the saying he/she who has the cash makes the rules.
Read →Venture Bank Direct is offering a competitive 3.8% APY savings account.
Read →The mainstream press is catching on to something we've been writing about for some time, namely that banks are being forced to keep their rates high to prevent runs and to rebuild liquidity.
Read →E Loan is offering a $25 bonus for opening an online savings account.
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