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Registered: 02/13/09
Posts: 3,259
Good Online Savings Accounts
    #11195093 - 10/06/09 06:45 PM (8 years, 3 months ago)

What does everyone use for a savings account?  I currently have etrade, which when I signed up had a great APY.  I like them for their ease of use and ability to do complex things very eaislly, however I am sure this is not exclusive to etrade.  They have some iphone software that is nice though I dont have an iphone yet. 

Anyways I am thinking of switching because etrades .5% APY pales in comparison to banks like Ally (1.8%) and FNBO Direct (1.5%).  Ive heard etrade got killed in the recent banking crash so they can't offer a competitive APY anymore.

Ally seems like a nice traditional savings account.  FNBO Direct however seems really good, it sounds literally like a savings account tied in with a checking account.  For instance you can draw out cash from ATM's using your savings account and pay bills with your savings account.

Anyone use these banks or other online banks?

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Re: Good Online Savings Accounts [Re: Chespirito]
    #11195127 - 10/06/09 06:50 PM (8 years, 3 months ago)

That said I doubt I would use FNBO like a checking account, so that point is probably moot.  I have a checking account where I can withdraw from any banks ATM's and they will reimburse me the fees.  FNBO does not do that

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General Interest >> Money Matters

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