MoneyRates Blog
Savings News: E*Trade Bank Increases Rate, Money-Rates.com Posting over 30 Banks with +3% Savings Yields
By MoneyRates team | Money-Rates Columnist
Effective this Thursday (May 8, 2008) E*Trade Bank will increase their savings rate from 3.01% to 3.05%. Seemingly not a big news item, but coming less than a week after the Federal Reserve lowered short-term interest rates this is another indication that the top-tier savings rates offered by online banks on savings accounts, money market [...]
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Online Broker Rewards
By MoneyRates team | Money-Rates Columnist
Online brokers facing intense competition for accounts are offering incentives to open a new account with their brokerage firm. Some of the deals available this week include:
Charles Schwab
high yield checking account available with 3.01% APY and no ATM Fees for Schwab customers
link
TD Ameritrade
-$100 cash bonus + 30 days of free trading for new accounts opened [...]
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E*Trade Bank Remains Aggressive with Online Bank Deals
By MoneyRates team | Money-Rates Columnist
E*Trade Financial Corp. received an infusion of $2.55 billion from outside investors while selling off a small portion of their riskiest debt. The move has been viewed by analysts as an indication that E*Trade may be able to return to a financially secure position without a merger or buyout. E*Trade Financial, which owns both the [...]
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Online Checking Report
By MoneyRates team | Money-Rates Columnist
Money-rates.com researched the rates paid on an online basic checking account from the nation’s largest banks to compare to the rates posted on the money-rates.comn checking rates page. The results were more than surprising. While online banks are posting rates as high as 6.00% on accounts which require direct deposit or have deposit limits, it [...]
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