Best Savings Account Rate Holds At 2.00%
Southern Community Bank and Trust leads our rankings of the best nationally available savings accounts for the second straight month.
The bank, which has 20 branches in North Carolina, continues to pay 2.00% APY, with no minimum balance, through its Readysaver.com Web site.
That’s considerably better than the 0.15% APY Southern Community is offering on savings accounts through its own site or branches.
Returns on the next four, top-paying savings accounts range from 1.70% APY to 1.50% APY, with minimum initial deposits as low as $1 and as high as $25,000.
DollarSavingsDirect 4.00% APY Savings
Considering that the Federal Reserve has cut the target federal funds rate to below 0.25%, it is shocking to see that DollarSavingsDirect is still running a 4.00% APY online savings account.
I’m curious how they can afford to pay out such a high interest, and I’m also very wary of the fact that they have a 1 star Bankrate Safe & Sound® rating. But hey, this is a killer rate and it’s FDIC insured, so this could be a nice place to stash some cash.
Citibank FREE $25 Savings Account
Here is a hot deal from Citibank. Sign up for the Ultimate Savings Account (2.50% APY) with $1000 minimum deposit, and they will give you a $25 bonus after 3 months.
This is your bailout money at work, people! Citi stands to drain up to $300bn in bailout funds from the Treasury, FDIC, and Federal Reserve, and yet, here they are giving away free cash!
It is your duty as an American and a taxpayer to take advantage of this deal! They’re paying you with your own money
E*TRADE 3.30% APY Savings + $25 Bonus
This is an oldie, but goodie. E*TRADE has brought back their $25 bonus on their online 3.30% APY savings account.
$25 will be credited to your Complete Savings Account within 30 days of the account being funded with a minimum deposit of $1.
This is fairly hot deal, don’t miss out!
World Savings 5.91% APY 13-Month Internet CD
World Savings Bank is on the roll! They have another killer CD bank deal that just came out, a 5.91% APY 13-month online certificate of deposit on its website. It is an Internet online banking account. The minimum deposit is $10K.
This is a REALLY HIGH rate from a very reputable bank. I have a 9-month 6.01% APY CD with WorldSavings already.
FREE $25 Bonus @ GE Money Savings
GE Money Savings is a low rate online bank, with a 4.50% APY. However, they have a FREE $25 Bonus for signing up a new account. If you like bank hopping to get in on bank deals like these, here’s how to get free money.
Goto GE Money Savings and enter one of the following promotional codes on the right hand side of the page.
RSF126L - $25 cash
EMPL03 - $25 cash
TMW76 - $25 Men’s Warehouse Gift Certificate
LNT312 - $25 Linens & Things Gift Certificate
KL76 - $25 IKEA Gift Certificate
GE Money Bank delivers numerous banking services. Both personal and small business financial services are made ready by GE Money Bank. At a personal level, GE Money Bank offers customers the ability to apply for and receive one Visa Credit Card or three different MasterCards, mortgages, home equity line of credit options, refinancing options, auto loans, personal loans, and educational loans. Meanwhile, at the small business level, GE Money Bank allows customers to access business credit cards, financing services, and health care insurance options for employees. Whether a customer needs a loan to improve one’s home or they are simply looking to take a vacation, the GE Money Bank is prepared to address one’s financial needs.
GE Money Bank is centrally located in Stamford Connecticut, and is a financial service division of General Electric. With more than seven decades of experience, the GE Money Bank aims at providing quality customer service: customer treatment that is quick, efficient and simple. The General Electric Corporation was originally established in an effort to offer customers the ability to finance and acquire home appliances. Currently, there are more than 115 million consumers nationwide that rely on the GE Money Bank to provide equitable and reasonable financial services and solutions.
With the rich history of General Electric at its backing, GE Money Bank offers customer care that is unmatched in the financial industry. Customers are held in high esteem, given excellent value, and customers’ personal information is never put in jeopardy. As a member of the Federal Deposit Insurance Corporation, the GE Money Bank guarantees and insures deposits up to 100,000 dollars
World Savings Bank 6% CD Deal Confirmed
I just opened a 6% 9-month CD at my local World Savings Bank in Arcadia, CA (Southern California). This is a REALLY HOT interest rate considering the Fed interest rate hikes stopped today. I also got a free safe deposit box from them for opening the account! I’ve never had one before.
The World Savings bank was at one time under the control of the former Golden West Financial Corporation. As of October 2006, The World Savings Bank is now a subsidiary of the Wachovia Corporation, a financial service company that acquired the subsidiaries of Golden West. Wachovia offers a wide range of services in more than 20 states: services that include wealth management, asset management, banking, brokerage services, corporate banking services, personal banking services and investment options.
BankUnited 5.25% APY Internet Savings Account
BankUnited has a 5.25% APY Savings Account. $5,000 minimum needed to open, and balance must be above $300 to avoid monthly fees.
BankUnited has its headquarters located in Florida and it is one of the largest financial headquarters in the state. The South Florida Institute recently named the president of BankUnited, Mr. Ramiro Oritz, Leader of the Year, and BankUnited is the recipient of a number of awards. BankUnited FSB is the principal subsidiary, a complete service financial institution, and it currently manages 81 branches in the state of Florida. Currently BankUnited has physical branches located in Broward, Miami-Dade, Charlotte, Collier, Palm Beach, Hillsborough, Lee, Sarasota, Martin, and St. Lucie counties.
Since March of 2007 the full-service financial institution intends on opening another 10 to 12 branches this fiscal year: a good indication of positive growth and a strong community standing. The new BankUnited Branches are expected to be established in Boynton Beach, Cape Coral, Clearwater, Lake Worth, Miami-Bird Road, and Port St. Lucie, Sarasota and finally, in Vero Beach, Florida. BankUnited has nearly 14 billion dollars in assets and nearly 7 billion in deposits.
The BankUnited offers an array of financial services including fee based banking services, residential loans, commercial loans, certificates of deposit, business banking and Internet banking options. In addition to the latter mentioned services, BankUnited supplies consumers with an array of investment information and assistance. Through BankUnited, consumers can access information that will help them to invest their money wisely; BankUnited offers savings and loan options for college planning and preparation; estate planning advice, insurance planning and information, retirement planning and customers can even access basic investment information
World Savings Bank 5.76% APY 10-Month CD!
I drove by a local World Savings Bank on my way to work today. I noticed an ad in their window saying they have 5.76% APY on their 10-Month CD.
This offer may be different for people in differrent cities, so try your zip code to find out. I live in Southern California, and it is showing the 5.76% APY CD account rate for my zip. I will definitely be opening a CD account at World Savings Bank this weekend. This is a high CD account rate at a very reputable bank.
The online banking options offered by the World Bank include the ability to view and monitor account transactions, online checking, online check ordering, online statement access, loan activity status checks, and money transfers. In addition to attractive checking account and saving account options, the World Savings Bank supplies consumers with affordable home loans and excellence in terms of customer service.
The World Savings Bank offers consumers the ability to invest in certificates of deposit, to open savings accounts and to open checking accounts, all of which are insured by the Federal Deposit Insurance Corporation (FDIC): certificate number 27076. Under FDIC regulations, every depositor has up to 100,000 dollars of deposit insurance for each of two categories: joint and individual accounts.
