The Sun’s Financial Diary

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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. [...]

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 [...]

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 [...]