The Sun's Financial Diary

I opened a Sallie Mae Savings Account last May. The reasons for getting another account when I already have  a few in the dormant mode were 1) the rate was better than all others and 2) I like the Sallie Mae’s feature that allows me to earn extra return from Upromise, which is also owned [...]

With prices of food (UN Food and Agriculture Organization’s global food price index reached 231 points in January, higher than the previous peak of 213.5 points reached in 2008), precious metals (gold price is around $1,400/ounce and sliver is at 31-year high), and oil (crude oil price is approaching the $100/barrel mark) all on the [...]

The Zions Bank’s online banking division may be new, but the bank itself has a pretty long history. Established in 1873, Zions Bank (NASDAQ: ZION), headquartered in Salt Lake City, Utah, has more than 125 branch offices in 2 states, Utah and Idaho. In addition to those traditional banking products that you can usually get [...]

In addition to having an Online Savings Account that pays 1.25% APY, Discover Bank also has a line of CD products with terms from 3 months to as long as 10 years. Though I don’t expect anybody get locked in that extreme long CDs in what is basically a low rate environment (Fed benchmark rate [...]

The 2011 tax deadline is still four months away, so you still get plenty of time to prepare your 2010 returns. Whether you will do the taxes yourself or heir somebody else to do the job for you, here’s an offer from PerkStreet that could reduce the burden off your wallet a little bit. From now [...]

If you have a savings account, and I am pretty sure you do, you are probably not very happy with the return you get for your hard earned money. The problem isn’t really about the particular bank you are using. If you look around, I can almost guarantee that you will be very surprised if [...]

Discover Bank may be relatively new to the online banking business, but it started quite well with very competitive rates for its Online Savings Account, Money Market Account and CDs. Currently Discover Savings Account has an interest rate of 1.15% APY. The yield may not seem to be very impressive at first, but if you [...]

Bank of America made news in recent weeks by announcing that they are in essence ending their “free checking” product.  This is in and of itself is not a huge piece of news as banks have begun phasing out their free products for a while now as they are under the gun to increase profitability.  [...]