Comments on: Dollar Savings Direct Dropped Rate to 3.50% APY

By: $15,000 Homebuyer Credit, DollarSavingsDirect 3.20% APY

$15,000 Homebuyer Credit, DollarSavingsDirect 3.20% APY — Thu, 05 Feb 2009 04:58:02 +0000

[...] Dollar Savings Direct in August 2008), DSD seemed to be unbeatable. Even though, they recently cut their rate to 3.50% from 4.00%, it’s still better than what you can get from most online [...]

By: Indya

Indya — Sat, 31 Jan 2009 18:32:42 +0000

I am disappointed with DSD. Specifically, they advertised the 4% interest rate to attract new consumers. I understand that the interest rate is subject to change. However, they advertised in a manner that “set them apart” from other banks.

I recently switched from EmigrantDirect to DSD. I am still receiving a better rate than EmigrantDirect. However, I am know part of the “interest median” pack.

By: Dollar Savings Direct Dropped Rate to 3.50% APY | porkloan.com

Dollar Savings Direct Dropped Rate to 3.50% APY | porkloan.com — Thu, 29 Jan 2009 06:59:08 +0000

[...] Dollar Savings Direct Dropped Rate to 3.50% APY [...]

By: Eric

Eric — Sat, 24 Jan 2009 16:53:50 +0000

I’m disappointed in DSD as well, since they kept at 4%, while everyone else was dropping.

I’m more disappointed in schwab checking, which started at 3% and has dropped to 1% in less than 4 months. It’s understandable that giving away 3% for a commitment-less account would be tough to sustain during these times, but still. It is still better than no interest, but I was hoping for better.

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Fri, 23 Jan 2009 21:25:25 +0000

Dollar Savings Direct Dropped Rate to 3.50% APY: A couple of days ago I was feeling pretty good about Dollar Sav.. http://tinyurl.com/bt9lf3