{ 12 comments… read them below or add one }

Big Winner August 23, 2008 at 10:45 am

I’ve seen this offer posted on a couple of other pf blogs and it seems like a good deal. The more high yield savings accounts available, the better.

Silicon Valley Blogger August 23, 2008 at 10:52 am

Yes, I am sure everyone wants to report the same good news! 😉

It’s a fairly short promotion — it only runs for 2 weeks, so I guess bloggers did not waste any time writing about it. 🙂

We’re here to report what’s available out there!

WWL August 23, 2008 at 9:54 pm

My daughter has been looking for a place to get the highest return possible; I appreciate this information which I will forward on to her. Thanks!

Art August 24, 2008 at 6:29 am

I recently received an email from DollarSavingsDirect.com offering 3.75% on an initial deposit of $1,000.

It is part of Emigrant Bank.

Went to website could find no negatives.

Silicon Valley Blogger August 24, 2008 at 8:18 am

@Art,

Thanks for pointing that site out. I shall have to check it out!

J.D. Fournier August 25, 2008 at 5:59 am

Also check out Everbank.com offering a 4.76% APY for Money Market and Checking. No bonus though. That lasts for 3 months, then reverts to 3.51% APY. The one negative was you could only invest upto $50,000 for the intro rate. I am in there now.

Suz August 25, 2008 at 8:16 am

I use WaMu’s online savings, which has no minimum deposit, and they’re at 3.5 last I checked (but they adjust regularly). If only I had $10,000 to put into that other savings though *sigh* one day…

Silicon Valley Blogger August 26, 2008 at 9:01 am

Just want to let everyone know that this promotion is no longer available! However, note that you can still sign up for a WTDirect high yield savings account that returns a 3.31% APY (see details in my post above).

Thanks to all those who’ve offered some great suggestions for high yield savings accounts. The time is nigh for finding the best returns for your cash!

Escape Somewhere August 31, 2008 at 6:05 pm

I need to find a new bank. I left countrywide when I heard bankruptcy tales. And I just jumped into another bank without really looking over the market.

jim of Blueprint for Financial Prosperity September 7, 2008 at 2:37 pm

WTDirect’s been around a while, the only downside I see is that the 3.31% APY rate requires at least $10k. They don’t have the highest rate AND they require a minimum of $10k… booo. 🙂

Joe Cline (Austin Real Estate Broker) December 4, 2008 at 11:34 am

Cool program. I used to work for GE Capital. They are one of the best companies I’ve ever worked for in terms of stuff that they offer their employees. I found out about GE Interest Plus there and have been a dedicated member ever since. It’s a high yield checking account. It is NOT FDIC insured (at least it didn’t used to be), but is backed by GE, triple A rated, and one of the top 5 or so market caps in the world. Basically, you’re money is good with them.

Plus there is a floor rate that is good for low balances, but you get more as you deposit more.

Joe

Fran January 14, 2009 at 12:23 pm

Why I thought they didnt need any minimum balance. Anyway I like their interest rate. And the talk about the bank has also been good so far.

Fran.

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