Banking
PNC Bank Business Checking Account Finally Up
It has been more than two weeks, but my PNC Bank Business Checking Account is finally up and running. The waiting is much longer than I expected and what happened after the account was opened was more troublesome.
When I opened the account at the branch, I was told to select a PIN so I can [...]
Recent Bank Findings: Doral Bank Direct 3.50% APY, CNB Bank Direct 3.40% APY, Chesapeake Bank Clear Sky 3.15% APY
As online banks keep slashing rates, it’s getting harder and harder to find to find a decent rate from popular banks, whose rates are mostly in the mid-2% range now. To find a good rate, you will have to beyond those banks that we used most often.
Recently, I noticed a few such banks which are [...]
Rate Updates: E*Trade Complete Savings 2.50% APY, EverBank Money Market 3.51% APY
For sometime, E*Trade has been pretty good at holding the yield of their Complete Savings Account at 3.01% APY, becoming one of the bright spots when everybody else was in the cutting mood. But that finally came to an end, like all the good things.
E*Trade announced yesterday that effective Monday, February 2nd, the new rate [...]
Got Some Business Done
In late December, I took advantage of the free filing offer from MyCorportation (MyCorporation reviews) and registered my own company for my little online business (and saved $149 filing fee ). I am glad the whole process went very smoothly without any incident. About two weeks ago, the package arrived with the certificate [...]
2009 Bank Failures
Last update: September 18, 2009.
2009 is less than one month old, there are already a few banks being closed, picking up what was left from last year. A total of 25 banks were shut down in 2008. So far in 2009, three have gone under already (the list will be updated continuously as new failed [...]
Dollar Savings Direct Dropped Rate to 3.50% APY
A couple of days ago I was feeling pretty good about Dollar Savings Direct (Dollar Savings Direct reviews) and their seemingly unbeatable 4.00% APY. Today, I am feeling a little disappointed when they finally decided to follow what other banks have done already, cutting their rate to 3.50% APY. From the bank’s point of view, [...]
Online Savings Account Interest Rates History
For those who have been following this blog long enough, you know I spent quite a lot of time updating interest rates of popular online banks. I even have a table listing the latest interest rates and a Best Online Savings Account Deals page to help track where the good deals are. While keeping the [...]
Bank of Internet Interest Checking 2.80% APY, Savings 3.51% APY
Is anybody using this bank?
I didn’t pay much attention to Bank of Internet until recently when I noticed their interest rates: Checking 2.80% APY and Savings 3.51% APY, the combination of the two could be the best for those who need both products (exclude those so-called reward checking of course).
Bank of Internet at a Glance
For [...]
IGoBanking 3.18% APY for $5,000 or More
IGoBanking, one of the banks I use but fell out of favor recently, is out with a new tactics to lure existing customers like me back. In an email I received yesterday, with the subject line as “Celebrate the Inauguration with IGoBanking,” the bank says from now till March 18, 2009, any money transferred between [...]
Rate Update: HSBC Direct Dropped to 2.60% APY and More
Though I no longer actively use HSBC Direct any more (my account is still open, but with no money in it), I have been keeping an eye on its rate changes, especially after other popular banks, such as FNBO Direct, etc., lowered their rates to below 3.0% recently. I want to see how long HSBC [...]
