The Sun's Financial Diary

People always say good things will come to an end, but for Ally Bank, the good things lasted too short and the end came a little too fast. Just two days ago, I praised Ally Bank for offering very attractive rates for its products, including savings account, money market account, and CD, when the trend [...]

EverBank, one of the banks that I talked about quite often here, has increased its bonus rate for its Money Market Account from 2.51% to 3.01% this week. The bonus rate is good for the first three months after the account is opened and funded. The current rate after the introductory period is 1.83%. EverBank [...]

Do you still remember to what happened to Washington Mutual last year? On September 22, 2008, WaMu surprised many people by offering one of the highest interest rates for its savings account. At 4.0% APY, the yield was very attractive and competitive. However, that didn’t last long. On September 25, WaMu was closed by the [...]

These $100 bills look good. You know you can get one of them by getting a bank account. Right now, there are a couple of banks offering $100 bonus when you open open a checking account with them. Chase Checking Account $100 Bonus Open a Chase Checking Account before June 23rd and get $100 bonus [...]

Banks that pay you 3% or more APY for your money are rare these days. In fact, right now there’s only one bank as far as I know willing to give you that kind of *high-yield*. Not long ago, we had a Redneck Bank that paid an unbeatable 3.10% APY, but the bank was quickly [...]

Here are a few bonuses in case you are looking for a new checking account with cash incentive. PNC Bank is offering a $75 bonus for a new personal checking account (Free Checking, Performance Checking, or Performance Select Checking)  with direct deposit. In order to qualify for this bonus offer, you must open an account [...]

This isn’t the first time I complained about PNC Bank, with which I opened a business checking account at the end of January, but I hope it’s the last. I heard some nice words about PNC before deciding to use it. However, my short relationship with the bank so far turned out to be a [...]