Internet Savings Accounts
High Yield savings accounts have become popular in recent
years, while trying to decide which one to use I collected some information
about them and thought I should share it. Almost all the internet banks
I have looked at have similar terms and conditions as far as I can tell,
but don't take my word for it I am not a financial professional. Emigrant
Direct is currently offering the highest interest rate, but that could
change any time. I will be watching them and updating this page frequently.
Emigrant Direct is fairly new to internet banking, but they have been
an established brick and mortar bank since 1930's, which makes me feel
like they should be trustworthy. I am currently in the process of opening
an Emigrant Direct account but it seems to take a longer than my ING
did because they still use snail mail for the final account verifications.
I plan on keeping my ING account open just incase it decides to the
rates again. They also offer a good bonus for new customers a Free $25
when you open an account and $10 for the person who referred you. I
have not used the other two Banks listed because they arent offering
any better interest rates or insentives a the moment. I will try to
keep the as uptodate as possible if you see a change before I do please
let me know here at....
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