PNC Bank Sucks

Posted by Sun on April 16, 2009 (14) Comment

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 terrible [...]

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Recent Bank Findings: Darby Direct 3.00% APY, Heartland Bank Direct 2.30% APY

Posted by Sun on April 12, 2009 (9) Comment

Good bank deals are rare these days.
You are lucky if your bank pays you 3.0% or more for your money, unless you use one of those high-yield rewards checking accounts that always have a cap on how much money you can put into the account to earn the sometime 5+% yield. And, as you can [...]

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EverBank Yield Pledge Money Market Account Review

Posted by Sun on April 8, 2009 (3) Comment

If you are look for a high-yield savings account, you may want to check out EverBank Yield Pledge Money Market Savings Account. Even though interest rates at online banks change very frequently these days, EverBank pledges that the rate of its Money Market account is always in the top 5% among its competitors.
How Does [...]

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Rate Updates: FNBO Direct 1.90% APY, WTDirect 1.76% APY and E*Trade 1.45% APY

Posted by Sun on April 2, 2009 (0) Comment

Online banks are not idle when it comes adjusting interest rates for their savings products even when the Fed is.
This week, a number of popular online banks rushed to lower their already low interest rates. Now it’s hard to find a decent bank that pays above 2% APY at the time when people are increasingly [...]

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KeyBank Offers FREE GPS for Its Checking Accounts

Posted by Sun on March 31, 2009 (2) Comment

Don’t have a GPS unit yet? Get one for free.
KeyBank, which used to offer free iPod in the past for its checking accounts, now gives Garmin nüvi GPS for free if you open an new account April 24, 2009.
Two models of Garmin GPS are offered in this deal: nüvi 205W GPS ($159 value) for either [...]

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Bank Bonuses: $50 for Bank of America Checking and $50 for Capital One Savings

Posted by Sun on March 24, 2009 (4) Comment

A quick post on a couple of new bank account bonuses.
Bank of America is offering a $50 bonus when opening a new MyAccess Checking Account with promotion code GROUP50 and a minimum initial deposit of $25. According to the offer page, there’s no monthly fee for MyAccess Checking Account opened with the above promo code. [...]

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Reward Checking Accounts

Posted by Sun on March 20, 2009 (5) Comment

I wrote quite often about banking deals here, mostly high-yield savings accounts (well there probably isn’ t any real “high-yield” account any more if you look at what savings accounts are offering now) but occasionally checking accounts, because I am always on the look out for better places to park our cash. And when [...]

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Can You Get a Better Rate at MoneyAisle?

Posted by Sun on March 17, 2009 (5) Comment

Money Aisle is an online marketplace where banks compete to each other to offer better rates for high-yield savings account or CDs.
I have heard about MoneyAisle a while back, but never got a chance to check it out until recently, partly because back then I was very happy with Dollar Savings Direct’s 4.0% APY. But [...]

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Bank Bonus Deals

Posted by Sun on March 13, 2009 (2) Comment

Looking for incentives to open a bank account? Following are some bonus offers valid for this month (March 2009) only. All of them are for checking accounts though.

M&T Bank is offering $100 bonus when opening a M&T Direct Checking, Classic Checking (with interest), Select Checking or Power Checking or $25 bonus for M&T Totally Free [...]

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Time to Say Goodbye to Dollar Savings Direct

Posted by Sun on March 9, 2009 (6) Comment

After being with the bank for only half a year, I think the time to move on has finally come.
When Dollar Savings Direct was first launched last summer, it was touted as a high yield savings account from Emigrant Bank, which also owns Emigrant Direct. You may wonder why one bank wants to have to [...]

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