Emigrant Direct now at 4.0% APY


Sweet. Emigrant Direct’s American Dream Savings Account is now paying 4% APY [Info Page, Bank Review], up from 3.50% and leapfrogging basically everyone in the liquid online savings arena, including Presidential Bank’s Premier Savings Account. And I just moved over ten thousand dollars out of Emigrant in the last two months. But I don’t think the interest rate wars are over yet. Things continue to look up for savers! An arbitraged $20,000 balance transfer at 0% APR would now earn $800 a year!


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Find more in Banking | 9/20/05, 12:02pm | Trackback

Comments

  1. Matt Hartrich Says:
    September 20th, 2005 at 1:11 pm

    Awesome! I just moved a chunk of money into my
    Emigrant account.

  2. Anonymous Says:
    September 20th, 2005 at 1:24 pm

    Word to your mother. Good stuff!

  3. Caitlin Says:
    September 20th, 2005 at 3:50 pm

    dang. I love it when they fight over our business :) time to get me an emigrant account….

  4. clicclic Says:
    September 29th, 2005 at 1:28 pm

    Can you attach multiple outside accounts to one Emigrant Direct account? If you have two checking accounts for example, can you attach both of them to the same Emigrant account?

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net worth progress bar