Once again, we compile the the companies that offer the best online savings rate for the month of April 2009. It seems like rates are dropping like flies.
This is a snapshot of the Top Online Banking instutions offering their competitive rates as of April 2009 (April 23, 2009). We search the rates so you don’t have to invidually visit their sites.
| Name | APY Yield | Detail |
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1.90% APY | FNBO Direct – No minumum balance, no fee |
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1.65% APY | Emigrant Direct – No Minimum Deposit; All products: Savings Accounts, Checking Accounts, Credit Cards, IRA |
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1.20% APY | E*Trade – No Minimum Deposit; All products: Savings Accounts, Checking Accounts, Credit Cards, IRA, Mortgage, Home Equity, Brokerage |
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1.65% APY | HSBC Direct – No Minimum Deposit; New Online Deposit Only; All products: Savings Accounts, Checking Accounts, Credit Cards, IRA, CDs |
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1.76% APY | WT Direct – No Minimum Deposit; 1.76% APY for deposits under $10,000 |