Online banking provides you with speed, efficiency, and security when it comes to managing your accounts and building up your savings account. Online banking is one of the easiest ways to manage your accounts as you can schedule online bill payment along with transfers to savings accounts and online money market accounts. Keeping close tabs on your finances will help you to be prepared for economic problems that may come along because of personal problems such as a job loss. Here are some of the … [Read more...]
American Express Money Market & High-Yield Savings Rates Review
Update: is now paying . Banks across the board have been lowering their savings rates, but has been holding their rates high for longer periods of time. From March 2010 to March 2011 American Express kept their savings account rate firm at 1.30%. In March 2011, they finally adjusted their rate down by 0.15% to . American Express currently offers a high yield savings account/money market account that pays . This is a competitive rate for the current interest rate environment. Benefits of … [Read more...]
0.90% APY Savings Account Rate at TCB (Update)
Update: The 1.50% APY savings account rate offered by Tennesse Commerce bank has been adjusted down to 0.90% APY. Anyone who signed up for the special will have their rate reduced to the 0.90% APY on July 1, 2011. For the current interest rate environment, the 0.90% APY savings account rate offered by Tennessee Commerce is less than stellar. Requirements for this offer: Open a checking account (either Business or Consumer) Open a savings account Maintain at least $250 in the savings account … [Read more...]
EmigrantDirect Savings Account Review
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...]