HSBC Direct increased their APY to 3.5%. This makes them one of the highest yielding online savings accounts. This is the first time in months that I’ve heard of any bank increasing their interest rates. This may be a good sign for more banks to follow their lead.
The market has been semi-steadily moving upward the past 3 months. Are things finally looking up? It’s hard to imagine things looking up with these rising gas prices.
Here is a quick list to compare some online savings account and their APY for June 3rd, 2008:
- HSBC Direct – 3.5% APY
- WaMu – 3.30% APY
- E*Trade – 3.15% APY
- GMAC Bank – 3.00% APY
- ING Direct – 3.00% APY
August 4th, 2009 at 3:05 am
Nette Idee, man entdeckt sicherlich so einige Schmuckstücke in der weiten Welt der Blogs
October 10th, 2009 at 1:57 am
A pity, that I’ve found you blog only today