Online banks have lower costs because the automation of the internet allows them to hire very few account representatives. Emigrant Direct is based in New York and competes with VirtualBank, NetBank, ING Direct, Everbank, and other online banks. Below you will find a review and background information on Emigrant Direct.Current RatesEmigrantDirect is currently paying 0.50% APY on their savings accounts.You can find much higher yields by clicking on our savings accounts chart.Emigrant Direct … [Read more...]
Auto Track Your CD, Credit Card, Checking, & Money Market Accounts in One Place – Free!
Mint.com is a secure site that allows you to track all of your money market accounts, CD accounts, checking accounts, credit card accounts, and investment accounts in the same place for free. No strings attached. I've used Mint for years to track my spending because it automatically downloads all the transactions from my financial accounts and intelligently categorizes them. When you sign up for Mint, you simply provide the login details for your accounts on a secure page. Mint will then … [Read more...]
0.60% APY at Flagstar Direct (revised)
Looking for an MMA that has a good rate? Flagstar Direct offers 1.60% (edit: now only 0.60% APY) on money market accounts and can be opened with as little as $1.00 with no minimum balance required. They offer 24 hour telephone banking as well as 24/7 mobile access to your accounts.Flagstar Direct doesn’t just do MMAs. They also offer Express Internet checking accounts and 2 options of CDS. The checking account has a rate of .50% APY. There are no service fees, no minimum balance, free checks for … [Read more...]