Washington Mutual now pays 3.75% APY for their online savings account. Banks are competing for our money. Looks like the competition is heating up. I just got an email from Washington Mutual with the latest change to the interest rate of WaMu online savings account. The new rate, effective immediately, is 3.75% APY, up 0.45% [...]Read more
EverBank offers 4.00% 3-month bonus rate for its Yield Pledge Money Market Account as well as FreeNet Checking Account. In this interview, EverBank Direct President Frank Trotter introduces the bank’s products and assures customers that EverBank has no business in the sub-prime market. I didn’t pay attention to EverBank (though it was included in my [...]Read more
So the economy is pretty bad and families are struggling to make ends meet, but many people still splurged. Last week, HSBC Direct released a consumer survey of 1,000 U.S. households on their spending in June. The results show that, despite the financial hardship caused by the economy, more than 40% of the respondents admitted [...]Read more
IGoBanking is one of the online banks that I used quite often in the past, until recently I switched to Capital One/FNBO Direct because IGoBanking’s rate, at 3.28% APY, is no longer attractive comparing to others. Early this week, I received an email from IGoBanking, introducing me their IGoChecking checking account. Key features of the [...]Read more
HSBC Direct is extending its 3.50% APY promotion by one more month. Are you in? In early June, HSBC Direct rolled out a promotion for its online savings account with 3.50% APY. While the rate was decent, it’s only good till August 15, that’s less than one and a half months. I don’t really know [...]Read more
I don’t budget. Not that it’s bad or useless or anything, but because I don’t think it’s necessary for me. If the purpose of budgeting is to have spending under control and live below my means, then I am there already. Sure budgeting can help, but I don’t know how much improvement I can get [...]Read more
I have been using Chase Freedom Card for a while and like it quite a lot because its 3% cashback rewards program. Though I don’t use the card for every purchase, I do charge the card at gas stations and grocery stores to make sure that they are in the top three categories so I [...]Read more
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