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...]
Today’s Best Savings Account Rates
Although banks have continued to lower their savings rates, it still pays to know which are paying the most: 1.35% @ SmartyPig (was 1.75%) $1 Min. Deposit 1.31% @ SFGI Direct (was 1.41%) $500 Min. Deposit 1.30% @ EBSB Direct (was 1.55%) $5,000 Min. Deposit 1.15% @ American Express Savings (was 1.30%) $1 Min. Deposit 1.13% @ EverBank Money Market (was 1.30%) $1,500 Min. Deposit Out of all of these my pick is SmartyPig and not just for the rate. SmartyPig has the … [Read more...]
Suntrust Bank Promotions: Savings, MMA, and CD
You can check SunTrust's rates by visiting their compare products page. The highest rate they currently offer excluding promotions is a measley 0.50% APY with an astonishing minimum balance of $250k. Here are their current promotions (you must check your local branch to make sure the promotion is offered in your area. SunTrust operates in these states: Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, Washington … [Read more...]
