Some of you may have heard already, but over the weekend, Emigrant Direct raised the interest offered on its savings account, resulting in 5.0% APY. They’re trailing the leader, HSBC Direct, by only 5 basis points (0.05 percentage points).
Updated February 6, 2012 and originally published July 5, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.