Ally Bank Made Significant Rate Changes

Posted by Sun on June 5, 2009 (5) Comment

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 for [...]

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EverBank Raises Money Market Account Bonus Rate to 3.01%

Posted by Sun on June 4, 2009 (6) Comment

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 has [...]

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Is the Fed Going to Determine Savings Account Interest Rates?

Posted by Sun on June 2, 2009 (5) Comment

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 Fed [...]

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Some Bank Bonus Offers

Posted by Sun on May 22, 2009 (7) Comment

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 when you set [...]

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ING Electric Orange $50 Bonus Promotion

Posted by Sun on May 14, 2009 (0) Comment

Just got this offer from ING Direct.
The online bank is running a $50 promotion for its Electric Orange Checking Account. If you open a new checking account before May 31 and use its debit card to make three purchases within the first 45 days, the bank will you deposit $50 in your account. Sounds pretty [...]

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Recent Bank Findings: Provident NJ Direct 3.25% APY and Bank of America Fork 2.20% APY

Posted by Sun on May 12, 2009 (2) Comment

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 [...]

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Bank Bonus Offers from PNC Bank and Investors Savings Bank

Posted by Sun on April 27, 2009 (1) Comment

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 between [...]

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Dollar Savings Direct Savings Account Is Still the Best Option

Posted by Sun on April 21, 2009 (2) Comment

for me at least.
I was bothered a lot after seeing yields of my online savings accounts kept dropping like a rock since the new year began. The stock market has been a terrible place to be for investors for nearly one and a half years. Among various investment options, bonds and cash are the only [...]

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EverBank FreeNet Checking Account Review

Posted by Sun on April 18, 2009 (1) Comment

Last week, I took a look at EverBank Money Market Account, which I consider is one of the highest yield savings account. Actually, the money market account isn’t the only high interest rate account offering from EverBank. They also offer a checking account that has the same rate as the savings account.
The EverBank FreeNet Checking [...]

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