The weblinks tend to be hilariously broken in the web banking center. The Multi-tab, multi-layer navigation is system is absolutely cringe-worthy and at best poorly named and typically confusing, but once you find out what they want to call things and where they hide them you can manage.

Their teaser rate is quite good, and the checking rate is much higher than ING’s checking rate and their money market account compares favorably with ING’s savings rate. Their CDs are a bit higher though not significantly.

A major advantage to the EverBank (in my opinion) are the various investment CDs: World Currency and the MarketSafe CD which is very appealing, though you should call ahead and get the details. The forex cds take up to a week to fund, charge rather high transaction fees (these fees typically wipe out the “interest” earned on your CDs giving you just currency appreciation for potential upside) and always exit their positions on a particular day of the month so you may get into a 3 month CD but you missed the exit day so you have to wait for the next one.

Small quibbles to be sure, and I still have the account and am keeping the majority of my cash with them mostly because I keep it separate from the ING accounts. “Out of sight, out of mind” isn’t just a nice saying, it is a little discipline assistant.

Overall I’m not impressed, but I am not disappointed either like I was with BoA. I hope to read other opinions on this bank and any other high quality ones. If you get a chance, hit the link for the “Daily Pfennig”. Its a good read whether or not you agree completely with the assessment given.