Online Savings Account
Seeing that I need to get moving on setting up an Emergency Savings Account, I've started researching some of the online savings banks. It seems like there are a lot to choose from and they all offer pretty much the same options. The only difference is the interest rates they are currently paying. Here are some of the interest rates they are currently offering.
Ing Direct 4.40%
Emigrant Direct 5.15%
HSBC Direct 5.05%
Citibank 5.00%
CapitalOne 4.80
Wamu 5.00%
Emigrant Direct 5.15%
HSBC Direct 5.05%
Citibank 5.00%
CapitalOne 4.80
Wamu 5.00%
You can pretty much open any of these accounts by funding them with at least $1. There are no membership fees, no minimum balances, and you can transfer back and forth between your checking account. I think a couple of these even pay you for referrals. I am leaning towards Emigrant Direct, but haven't made up my mind yet. Anyone have any suggestions on which has the best customer service, online experience, etc...? I would appreciate any suggestions.
2 comments:
HSBC gives you an ATM card to access your money plus they are a worldwide company (ATMs) everywhere.
Hey thanks for the info, did not know that.
Post a Comment