As featured in The Wall Street Journal, Money Magazine, and more!

Banking

More ING Direct $25 Bonus Referrals

by Luke Landes

This is a quick Sunday night note to say that I’ve refreshed the list of $25 bonus referrals for new customers this evening. These appear to be going rather quickly and I try to keep the list updated with fresh links. For the Orange Savings Account referrals, I have on several occasions asked readers to ... Continue reading this article…

0 comments Read the full article →

More ING Direct Referral Links Needed: Join the Waiting List

by Luke Landes

Thanks for your quick response. The waiting list is now full. As you may know, I am allowing Consumerism Commentary to share ING Direct referral links, providing new savings account holders with a $25 bonus (and a $10 bonus to the referrer). As of right now, I’m down to four referral links for the savings ... Continue reading this article…

101 comments Read the full article →

Heads Up: E*TRADE Bank Increasing Savings Account Interest Rate Tomorrow

by Luke Landes

With some anticipating rate increases from the Federal Reserve, we might start seeing more banks increasing the interest rates offered on savings account. E*TRADE Bank is ready, and they’ve announced an increased from 3.15 percent to 3.30 percent APY starting tomorrow, July 2. I keep my company stock purchase plan investment with E*TRADE, though not by my ... Continue reading this article…

14 comments Read the full article →

Again, More $25 ING Direct Bonus Links

by Luke Landes

Once again, I have refreshed the list of ING Direct $25 bonus referral links. New customers are eligible for a $25 bonus just y opening an account and depositing at least $250. Consumerism Commentary readers have been very helpful by providing these links for other readers. As a reward, ING Direct provides the referrer with ... Continue reading this article…

0 comments Read the full article →

All New ING Direct $25 Bonus Codes Available

by Luke Landes

I have posted all new bonus links for new ING Direct savings accounts as of today. If you are a new customer to ING Direct, one of the first internet-only banks that took advantage of low overhead to offer great interest rates on savings accounts, you can receive $25 for opening a new account. They ... Continue reading this article…

5 comments Read the full article →

New ING Direct Bonus Referral Codes

by Luke Landes

I’ve once again updated the list of $25 ING Direct Referral Bonus Links. (Ed. note: ING Direct became Capital One 360 in 2013.) Thanks to Consumerism Commentary readers who have contributed their links to the site for the benefit of other readers. If you are not a current customer of ING Direct and you’re interested ... Continue reading this article…

4 comments Read the full article →

My Newest Bank is Changing Names: TD Commerce Bank to Update Branding Later This Year

by Luke Landes

A few months ago, my girlfriend moved her checking and savings accounts, which where previously in separate, small, community-based banks, to Commerce Bank, a larger bank based mostly in New Jersey and New York City. I particularly like their long hours and the fact that they’re open on Sunday, and signed up for an account ... Continue reading this article…

10 comments Read the full article →

Capital One Money Market Offers Higher Rate for Costco Members

by Luke Landes

I wouldn’t suggest becoming a member of Costco just for this particular benefit, but if you are already a member and looking for a place to stash your cash, you can consider Capital One. Capital One’s direct banking department is offering a 3.2 percent APY compared to 3.0 percent APY for non-members on the bank’s money market ... Continue reading this article…

4 comments Read the full article →

Updated ING Direct $25 Bonus Links

by Luke Landes

I’ve updated the list of ING Direct referral codes with 10 new links for new customers who wish to earn a free $25 when opening their account. If you have referral links to add to this list, let me know by sending me an email. Once I run out of my own, I will keep ... Continue reading this article…

13 comments Read the full article →

Updated Latest Checking and Savings Account Interest Rates

by Luke Landes

Following E*trade’s announcement that they were slightly increasing the interest rate on their Complete Savings Account to 3.15 percent, 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 percent to 3.01 percent. Kirkpatrick Bank’s Savings Square dropped ... Continue reading this article…

4 comments Read the full article →

E*TRADE Increases Savings Account Interest Rate, Bucking Trend

by Luke Landes

On Thursday, E*Trade Bank will increase the interest it pays on the Complete Savings Account from 3.01 percent to 3.15 percent APY. It’s a small move but it could be a good sign for savers if other banks follow suit. My company stock purchase plan account is held at E*TRADE and I plan on opening a savings ... Continue reading this article…

6 comments Read the full article →

Updated High-Yield Savings and Checking Rates

by Luke Landes

I took a moment today to update the list of high-yield savings and checking account interest rates. While the rates are in decline, with the best annual yields around 3 percent, it will still beat the 0.2 percent to 0.4 percent many brick-and-mortar banks are offering on their savings accounts. An email from Justin, a reader, reminded me ... Continue reading this article…

16 comments Read the full article →

ING Direct Referral Program: Now Capital One 360

by Luke Landes

Update: ING Direct is now Capital One 360. The referral program still exists. There is more information in this review of Capital One 360. If you have $250 and are willing to become a customer of ING Direct, you have the opportunity to earn $525 on top of your deposit. It will take some work, ... Continue reading this article…

150 comments Read the full article →

Giveaway: $100 Gift Card for SmartyPig, a Unique Savings Account

by Luke Landes

The people at SmartyPig contacted me recently to offer a $100 gift card for use on their site to a Consumerism Commentary reader. SmartyPig has been mentioned on a few personal finance blogs recently, and here’s the deal. SmartyPig is a savings account, FDIC insured, currently earning 1.75 percent APY. Depositors’ funds are held by West ... Continue reading this article…

74 comments Read the full article →

Banks Lower Interest Rates Following Fed

by Luke Landes

The Federal Reserve lowered rates again today, inspiring me to check the so-called “high-yield” savings and money market accounts to view the damage to the latest interest rates. I’ve once again updated the list of APYs reflecting the latest drops. I’m keeping a historical record, so siply scroll the spreadsheet to see how rates have ... Continue reading this article…

4 comments Read the full article →

Savings Account Interest Rates Updated

by Luke Landes

Following ING Direct’s recent interest rate drop to 3.1 percent annual yield, I’ve updated the list of high-yield savings and checking account interest rates, a list that is becoming less “high-yield.” It’s getting increasingly difficult to find good places to keep liquid savings.

4 comments Read the full article →

FDIC Expects More Bank Failures But Foreign Governments Are Bailing Us Out

by Luke Landes

This doesn’t sound like good news. [FDIC] is planning to beef up its staff — including temporarily hiring up to 25 retired FDIC employees who worked in the agency’s more than 200-person division that handles failed banks — to handle an anticipated increase in bank failures. If you keep funds in some of the smaller ... Continue reading this article…

10 comments Read the full article →

Banks React to Latest Fed Rate Drop

by Luke Landes

Overnight, almost all banks offering online high-yield savings accounts dropped their interest rates in response to the Federal Reserve’s recent reduction of the short term target rate. Updated APYs are here.

0 comments Read the full article →

What’s More Important: High Interest or Customer Service?

by Luke Landes

Consumerism Commentary visitor Diane asked about the bank that is currently topping the list of high-yield savings accounts, OneUnited, which is currently offering 5.30 percent APY. I wonder about that Unity Gold E-Savings at OneUnited at the top of the list. That is 1 percent better than Emigrant where I am now, which translates into $500/year. Have ... Continue reading this article…

19 comments Read the full article →

Savings Square Added to High-Yield Accounts List

by Luke Landes

Consumerism Commentary reader Allison wrote in to let me know about Savings Square, a high-yield savings account offering competitive rates. The account is offered by Kirkpatrick Bank, FDIC insured. I hadn’t heard of the account until today. Here’s what Allison wrote about her experience with the account so far: When I first set up my ... Continue reading this article…

12 comments Read the full article →
Page 12 of 16« First···1011121314···Last »