If your savings account isn’t providing you 5.0% or more at this point, you can consider it old and busted. A few banks have raised their interest rates on “online” savings accounts lately, so take a look at the latest chart. Emigrant Direct moved to 5.15% today, but you may have problems accessing their new website. Aside from a slow response, I’ve been able to log in today.
OneUnited is at the top of the list, but you may want to read about Single Ma’s experience. To sum it up:
As I told the person who referred me to the bank, I hope the company succeeds, but I would never consider being a customer again and I’ll share my experience with everyone I know.
Consider yourself warned.
Updated February 6, 2012 and originally published July 28, 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.