Banking
Update: 4-Week T-bill Rates and Savings & Checking Accounts
While I don’t use 4-week T-bills as a short-term saving vehicle any more, I still keep an eye on the rate changes, though I don’t expect the rate to become competitive any time soon after the sharp drop in September, especially after two consecutive rate cuts.
The latest 4-week T-bill rate is at 4.008% APR. That’s [...]
Popularity: 19% [?]
Are You a Rate Chaser?
Though I have multiple online savings accounts and often move money around to get the best deal, I don’t consider myself a real rate chaser. Rate chasers, according to the definition in a NY Times article, are savers
who hunt for the best interest rates at banks and credit unions and quickly move their cash from [...]
Popularity: 23% [?]
ING Orange Savings Account $25 Bonus
If you still want an ING account, you can get a $25 bonus if you open an account before the end of the year.
There’s an ING Orange Savings Account ad in the November issue of Kiplinger’s Personal Finance magazine with a reference code for $25 bonus. I have posted similar giveaway a couple of times [...]
Popularity: 41% [?]
Online Savings and Interest Checking Accounts: Where are the Good Deals?
Several months ago, I had a post comparing savings and interest checking accounts that offered by online banks. After last month’s rate reduction by the Federal Reserve, we have seen many online banks lowered their interest rates in the past couple of weeks. The following is an updated list of online bank offers.
Bank
Savings APY
Minimum
Checking [...]
Popularity: 41% [?]
HSBC Dropped Rate for Online Savings Account
HSBC Direct, another popular online bank that offers high yield savings accounts, has just lowered its interest rate to 4.50% from 5.05% APY following last week’s Fed rate cut. The 55 basis points reduction is by large the largest among major online banks. Last week, ING Direct reduced interest rate for its Orange Savings account [...]
Popularity: 28% [?]
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