I'm thinking about opening up an e-trade savings account and moving my direct deposit over there, since they offer 4-5% interest. ING Direct also offers 4%. Anybody use either of these? It seems like a great idea, but I've just never looked into it (until now).
I've been using HSBC lately because they offere 5.05% interest. I used to have ING before. To be honest ING is easily the best of the lot in terms of being user friendly. HSBC is a pain in the butt to do anythin with. BUt its .5% more than ING.
In general my experience has been good with them.
I don't like Citibanks because they want you to open a checking account to go with the savings. HSBC and ING both are simple savings accounts that link to your existing checking account.
try citibank. they give you 5% on your savings plus they have actual brick and mortar branches. theres one across the street from me that i use.
I have a citibank account, and they give me nothing of the sort. I only have like $100 in it these days, and have just been too lazy to close it out.
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surely you can get higher, i live in NZ and i get 6.5%
I've never heard of higher than 5%, but good for you. I don't like to have money in savings anyway, but it has to sit somewhere until you can put it to better use, so I want to make sure that "somewhere" is an intelligent place.
I have a citibank account, and they give me nothing of the sort. I only have like $100 in it these days, and have just been too lazy to close it out.
I've never heard of higher than 5%, but good for you. I don't like to have money in savings anyway, but it has to sit somewhere until you can put it to better use, so I want to make sure that "somewhere" is an intelligent place.
you have to apply for it online to get the 5%. im not sure how it works if u already have an acct, check their website.
Looks like e-trade, hsbc, and emmigrant all offer 5.05% apy. If I go with any of those it will be e-trade, since I already have my roth with them and I like it. I also will still consider ING, since I've heard great things about user satisfaction there.
Speaking of roth... if any of you are 18+ and don't yet have a Roth IRA, stop giving up free money. It's the government's biggest gift to us poor people (rich people can't have them) and it's silly to not accept it. Maximum you can fund it with is $4k a year, but you never ever pay taxes on it. If you get some money in it while you're young and give it a chance to grow over the years, you can some day have a large amount to play around with and not worry about uncle sam wanting his.
I didn't know that. I have a small amount of money in paypal, and never noticed. I don't like paypal, because there aren't enough legitimate stores that you can use it at. If Amazon accepted it, I'd like it a lot more. I don't think paypal is a contendor for this thread though, since I'm trying to find a place to get direct deposit from work. I don't trust paypal for that.
OT: Anybody use an online bank?
