Thursday, January 21, 2010

Internet Banking Rates I've Been Shopping For An Internet Bank, But Then The Fed Lowered The Interest Rate. Should I?

I've been shopping for an internet bank, but then the Fed lowered the interest rate. Should I? - internet banking rates

I'm preparing to search the Internet banking and to open an interest bearing account with check-INGDirect. Second, interest rates fall, and I get cold feet. I think it's better than the interest rate is for my bank (this is) virtually nothing, but I am new to this and would appreciate advice. Thank you!

4 comments:

  1. Yes, it's worth it.

    The best control of supply on-line, I know;
    www.EverBank.com
    (2. www.INGDirect.com best prices, poor choices ATM)
    (www.Schwab.com best prices)

    We use EverBank. They have many ATMs. Simply by contribution;
    Electronic (ACH)
    Bank via e-mail (prepaid)
    ATM deposits (toll free), available at many banks.

    on what I know is based, would be my choice in the following order;
    EverBank
    Schwab
    ING

    All are insured by the FDIC. Everyone has a "Bill Pay". EverBank requires an average of $ 1,500 for self-payer bill (the only negative thing I can say).

    BTW: GMACBank.Com is my first choice for savings. They have refunded ATM cards (fees automatically) and controls ..... But .... is not a checking account.

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  2. Be careful with the Internet only banks. ING is particularly difficult to recover your money, if necessary. It is necessary to balance their performance against their convenience.

    Some traditional banks, high yield money market accounts. I saw an announcement that Citibank is paying 5.10% APY, and also had a 7 months CD 5.35% APY. Take a look to see what the banks offer a regular basis.

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  3. I see that the controls GMAC Money Market 5.35%, while the balance is not less than $ 500 charged

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  4. I see that the controls GMAC Money Market 5.35%, while the balance is not less than $ 500 charged

    ReplyDelete