Following E*trade’s announcement that they were slightly increasing the interest rate on their Complete Savings Account to 3.15%, I’ve updated the list of savings and checking account interest yields. There have been a number of changes since the last update, including the following.
- UFB Direct dropped from 3.35% to 3.01%.
- Kirkpatrick Bank’s Savings Square dropped from 3.25% to 3.05%.
- E-Loan increased from 2.75% to 3.01%, plus they are offering a short promotion for new money at 3.75%.
- Presidential Bank decreased from 2.75% to 2.6%.
- VirtualBank decreased its entire hierarchy of rates with the lowest level down to 1.77%.
Due to popular demand, I’ve added iGoBanking to the list. This bank’s savings account is offering 3.28% APY currently, placing them towards the top of the list, below only OneUnited and Washington Mutual.
Email this article to a friend
Print this article
Share this article: Twitter | Tip'd | Facebook | Delicious | Reddit | Digg
About the Author
{ 2 comments… read them below or add one }
Thanks for the information. I was looking into this topic and I may switch to one of the higher paying accounts which have some promotions now.
Hey Flexo,
Great chart. I noticed you have HSBC Direct’s savings account down as supporting qfx and ofx formats. I got excited when I saw this because didn’t think I could automate this account with my Quicken at all other then by logging in and doing on-demand downloads. As far as I can see, this is still true. I saw the option for QFX, but not OFX on the site, and express web connect is not available as well. That is a world of difference from a site like e-trade that you have marked with the same notes, however on e-trade I can update my accounts with Quicken without ever having to log in to a seperate website.