Comments on: The Ultimate Interest Rate Chaser Calculator http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html Personal Finance and Investing Blog Sun, 12 Feb 2012 01:43:13 +0000 hourly 1 By: Tax Equivalent Yield Calculator For Savings Bonds, Treasury Bills, and Tax-Exempt Money Market Funds » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-181028 Tax Equivalent Yield Calculator For Savings Bonds, Treasury Bills, and Tax-Exempt Money Market Funds » My Money Blog Sun, 16 Oct 2011 01:24:05 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-181028 [...] it may be handy to use this in conjunction with my Ultimate Interest Rate Chaser Calculator. Be sure to compare APRs to APRs and APYs to [...] [...] it may be handy to use this in conjunction with my Ultimate Interest Rate Chaser Calculator. Be sure to compare APRs to APRs and APYs to [...]

]]> By: HSBC Direct Offering 6.00% APY On New Money Through 4/30 » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-180001 HSBC Direct Offering 6.00% APY On New Money Through 4/30 » My Money Blog Mon, 10 Oct 2011 07:03:53 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-180001 [...] you don’t use HSBC, check out my Ultimate Interest Rate Chaser Calculator to help decide if it’s worth the hassle to move money over. Currently most other similar [...] [...] you don’t use HSBC, check out my Ultimate Interest Rate Chaser Calculator to help decide if it’s worth the hassle to move money over. Currently most other similar [...]

]]> By: Online Bank Interest Rates Updates: Some Drops, Some Steady » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-180000 Online Bank Interest Rates Updates: Some Drops, Some Steady » My Money Blog Mon, 10 Oct 2011 07:03:37 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-180000 [...] my Rate Chaser Calculator to estimate how much more money you’ll [...] [...] my Rate Chaser Calculator to estimate how much more money you’ll [...]

]]> By: Online Bank Interest Rates Updates: Some Drops, Some Steady » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-179999 Online Bank Interest Rates Updates: Some Drops, Some Steady » My Money Blog Mon, 10 Oct 2011 07:03:37 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-179999 [...] my Rate Chaser Calculator to estimate how much more money you’ll [...] [...] my Rate Chaser Calculator to estimate how much more money you’ll [...]

]]> By: Lanaye » Blog Archive » Free Optimum Checking at Bank 1440: 5.01%APY on Balances up to $25K http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-147022 Lanaye » Blog Archive » Free Optimum Checking at Bank 1440: 5.01%APY on Balances up to $25K Fri, 19 Mar 2010 07:29:18 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-147022 [...] year if I switched my funds over to the Bank 1440 accounts. You can use Jonathan’s handy Rate Chaser Calculator to see if chasing rates is worth it for [...] [...] year if I switched my funds over to the Bank 1440 accounts. You can use Jonathan’s handy Rate Chaser Calculator to see if chasing rates is worth it for [...]

]]> By: Sometimes Saving Hurts! Declining Interest Rates Shouldn't Lead to Rate Chasing | My Journey to Millions http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-144994 Sometimes Saving Hurts! Declining Interest Rates Shouldn't Lead to Rate Chasing | My Journey to Millions Wed, 10 Feb 2010 19:12:35 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-144994 [...] account? Every single day it takes eats into your small profit margin.  My Money blog has a GREAT calculator showing you the cross over [...] [...] account? Every single day it takes eats into your small profit margin.  My Money blog has a GREAT calculator showing you the cross over [...]

]]> By: Aari http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-141110 Aari Mon, 30 Nov 2009 16:12:43 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-141110 This is helpful. I keep large cash in internet accounts but don't want to rate chase too often. Since you check & update rates on your site a lot, it would be helpful if you let us know which banks have a history of staying in the lead on rates. I was at ING, now HSBC (I have HSBC checking so added incentive) -- is it worth moving to Dollar or another one or is that just a promotional rate for them now? What is their history? This is helpful. I keep large cash in internet accounts but don’t want to rate chase too often. Since you check & update rates on your site a lot, it would be helpful if you let us know which banks have a history of staying in the lead on rates. I was at ING, now HSBC (I have HSBC checking so added incentive) — is it worth moving to Dollar or another one or is that just a promotional rate for them now? What is their history?

]]> By: Savings Accounts Update: Warning, Falling Interest Rates Ahead! » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-124634 Savings Accounts Update: Warning, Falling Interest Rates Ahead! » My Money Blog Sun, 22 Feb 2009 00:03:26 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-124634 [...] If you’re a rate chaser, Broadway Federal is offering a pretty amazing 4.08% APY with a minimum opening deposit of $1,000. However, there is no guarantee this rate will last very long at all, and reports indicate a hard credit check. To see if it’s worth it, don’t forget my handy Rate Chaser Calculator. [...] [...] If you’re a rate chaser, Broadway Federal is offering a pretty amazing 4.08% APY with a minimum opening deposit of $1,000. However, there is no guarantee this rate will last very long at all, and reports indicate a hard credit check. To see if it’s worth it, don’t forget my handy Rate Chaser Calculator. [...]

]]> By: A http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-122635 A Wed, 21 Jan 2009 08:14:24 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-122635 It would be cool if you could adjust the calculator so that you could enter either apr or apy. It would be cool if you could adjust the calculator so that you could enter either apr or apy.

]]> By: High-Yield Online Savings Accounts and Certificates of Deposit | NorCalSavant http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-118966 High-Yield Online Savings Accounts and Certificates of Deposit | NorCalSavant Wed, 12 Nov 2008 03:28:57 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-118966 [...] you are considering moving your money from a current account or rate chasing, here is a handy tool.  Depending upon your current and new interest rates and the number of days lost [...] [...] you are considering moving your money from a current account or rate chasing, here is a handy tool.  Depending upon your current and new interest rates and the number of days lost [...]

]]> By: snaveran http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-115014 snaveran Fri, 29 Aug 2008 02:29:15 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-115014 What about the fact that the interest earned is taxable income? Therefore, the true return depends on your tax bracket. What about the fact that the interest earned is taxable income?
Therefore, the true return depends on your tax bracket.

]]> By: Best of MyMoneyBlog: Useful Homebrew Financial Calculators » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-114977 Best of MyMoneyBlog: Useful Homebrew Financial Calculators » My Money Blog Thu, 28 Aug 2008 10:56:20 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-114977 [...] Ultimate Interest Rate Chaser Calculator A “rate chaser” is someone who move their money to whichever bank offers the highest interest rates. For example, due to various promotions I have over 10 accounts open at various online banks. This calculator helps you figure out how much money you’ll earn by switching. [...] [...] Ultimate Interest Rate Chaser Calculator A “rate chaser” is someone who move their money to whichever bank offers the highest interest rates. For example, due to various promotions I have over 10 accounts open at various online banks. This calculator helps you figure out how much money you’ll earn by switching. [...]

]]> By: Savings Account Interest Rates Drop Again » My Money Blog http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-112826 Savings Account Interest Rates Drop Again » My Money Blog Fri, 25 Jul 2008 11:28:20 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-112826 [...] 6.06% APY. Be aware, though, as it’s very unlikely his rate will last much longer. Try my Rate Chase Calculator to see how much you’ll make if the rate difference is the same for a month (even that might [...] [...] 6.06% APY. Be aware, though, as it’s very unlikely his rate will last much longer. Try my Rate Chase Calculator to see how much you’ll make if the rate difference is the same for a month (even that might [...]

]]> By: Rinkesh Kumar http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-110959 Rinkesh Kumar Tue, 24 Jun 2008 08:28:53 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-110959 Hi i want a calculation of a loan interest calculator. Scenario: X loan is taken with processing fee y and the monthly EMI is z. Suppose i need to repayment my amount in 50 days instead of 30 day. so what would be the efective interest rate if i wan to calculate on 30 days calculation. please provide the calculator for the same. Hi i want a calculation of a loan interest calculator.
Scenario:
X loan is taken with processing fee y and the monthly EMI is z. Suppose i need to repayment my amount in 50 days instead of 30 day. so what would be the efective interest rate if i wan to calculate on 30 days calculation.
please provide the calculator for the same.

]]> By: Would you switch money markets now? - Personal Finance Forums http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-101717 Would you switch money markets now? - Personal Finance Forums Fri, 08 Feb 2008 22:29:25 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-101717 [...] Rate Chaser Calculator [...] [...] Rate Chaser Calculator [...]

]]> By: bub http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-101691 bub Fri, 08 Feb 2008 18:34:16 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-101691 Ive found the best way to get around this is find a bank or credit union that allows you to fund the new account with a credit card-- then youve got 2 interest bearing account gaining interest for a short period AND you get the rewards on the CC...BINGO! Ive found the best way to get around this is find a bank or credit union that allows you to fund the new account with a credit card– then youve got 2 interest bearing account gaining interest for a short period AND you get the rewards on the CC…BINGO!

]]> By: MONEY CLIPPED » Chasing Savings Interest Rates? Try This Calculator! http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-100882 MONEY CLIPPED » Chasing Savings Interest Rates? Try This Calculator! Wed, 30 Jan 2008 00:35:02 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-100882 [...] THE ULTIMATE INTEREST RATE CHASER CALCULATOR [...] [...] THE ULTIMATE INTEREST RATE CHASER CALCULATOR [...]

]]> By: Change Tax Withholdings & Retirement Fund? - Personal Finance Forums http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-99950 Change Tax Withholdings & Retirement Fund? - Personal Finance Forums Thu, 17 Jan 2008 15:37:48 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-99950 [...] is a calculator that let's you compare how much more interest you will earn with changing banks. The Ultimate Interest Rate Chaser Calculator ? My Money Blog Some of what you said about taking out $10,000 from your Roth for a first time home buyer is true. [...] [...] is a calculator that let’s you compare how much more interest you will earn with changing banks. The Ultimate Interest Rate Chaser Calculator ? My Money Blog Some of what you said about taking out $10,000 from your Roth for a first time home buyer is true. [...]

]]> By: johnny http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-98295 johnny Sun, 02 Dec 2007 18:46:50 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-98295 also worthwhile to consider the temporary lock-in of promotional rate. i currently have my savings in fnbodirect.com (at 5.05 rate) but the fed is likely to lower rates at the FOMC meeting on december 11. this is almost guaranteed to lower rates across the board. because of this, i am considering switching to amtrustdirect.com who has a 5.26% rate which is locked for 90 days. so even though the calculator with the current rates 5.05 vs 5.26 minus the missed days isnt too appealing over 6 months -- the future rate outlook does play into this -- could end up 4.5 vs 5.26.. or maybe i should lock in a cd for 6 months or so with the fed rates cetain to decline... waa. :) also worthwhile to consider the temporary lock-in of promotional rate.

i currently have my savings in fnbodirect.com (at 5.05 rate) but the fed is likely to lower rates at the FOMC meeting on december 11. this is almost guaranteed to lower rates across the board.

because of this, i am considering switching to amtrustdirect.com who has a 5.26% rate which is locked for 90 days.

so even though the calculator with the current rates 5.05 vs 5.26 minus the missed days isnt too appealing over 6 months — the future rate outlook does play into this — could end up 4.5 vs 5.26..

or maybe i should lock in a cd for 6 months or so with the fed rates cetain to decline… waa. :)

]]> By: d-train http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-86792 d-train Mon, 28 May 2007 12:20:49 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-86792 i just opened an account at FNBO. my experience thus far has been ok. 6% until end of sept. then it adjusts....prior to their 6% promotion, they were 5.25%. My issue with this company is it takes then a while to post funds to the account. My money left my checking account on a tuesday and did not get crdited until thursday. so 3 business days.....which is much longer than emigrant or e-loan which are usually 1 business day. so this calculator is perfect for considering whether to jump for the higher 6% rate. aside from the slow crediting, i have no other complaints. i just opened an account at FNBO. my experience thus far has been ok. 6% until end of sept. then it adjusts….prior to their 6% promotion, they were 5.25%. My issue with this company is it takes then a while to post funds to the account. My money left my checking account on a tuesday and did not get crdited until thursday. so 3 business days…..which is much longer than emigrant or e-loan which are usually 1 business day. so this calculator is perfect for considering whether to jump for the higher 6% rate.
aside from the slow crediting, i have no other complaints.

]]> By: ken http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-86135 ken Wed, 16 May 2007 14:50:18 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-86135 Jonathan, do you have any thoughts on Amtrust Direct money market savings account offering 5.36. Thanks Ken Jonathan, do you have any thoughts on Amtrust Direct money market savings account offering 5.36. Thanks Ken

]]> By: Mark http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-85355 Mark Tue, 08 May 2007 11:53:52 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-85355 Any feeling about FNBO at 6%. Anyone familar with them Any feeling about FNBO at 6%.

Anyone familar with them

]]> By: save or pay off card - Page 2 - Personal Finance Forums http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-77579 save or pay off card - Page 2 - Personal Finance Forums Mon, 19 Mar 2007 15:48:30 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-77579 [...] sitting in ING just in case they ever raise their rates significantly. I like Emigrant the most. The Ultimate Interest Rate Chaser Calculator ? My Money Blog This link is kind of interesting to play with some numbers to see how much you would gain/lose by [...] [...] sitting in ING just in case they ever raise their rates significantly. I like Emigrant the most. The Ultimate Interest Rate Chaser Calculator ? My Money Blog This link is kind of interesting to play with some numbers to see how much you would gain/lose by [...]

]]> By: lyle http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-77011 lyle Thu, 15 Mar 2007 23:56:56 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-77011 Think you lost 4 days of interest, mine took 6 because of the weekend. Guess what, when I move it out of HSBC, I'll loose another 4 to 6 days. So much for their 6% BS. Someone is making a killing on the float. I'm cutting my losses and moving out of HSBC, hope to never hear thier name again. Suggest you use caution.... Think you lost 4 days of interest, mine took 6 because of the weekend. Guess what, when I move it out of HSBC, I’ll loose another 4 to 6 days. So much for their 6% BS. Someone is making a killing on the float.
I’m cutting my losses and moving out of HSBC, hope to never hear thier name again.
Suggest you use caution….

]]> By: wondering http://www.mymoneyblog.com/the-ultimate-interest-rate-chaser-calculator.html#comment-74446 wondering Thu, 01 Mar 2007 15:31:41 +0000 http://www.mymoneyblog.com/archives/2006/10/the-ultimate-interest-rate-chaser-calculator.html#comment-74446 Please calculate HSBC on $1000000 assuming the money could arrive by 3/5 and will remain in the bank until 12/5. How does this compare to a bank offering 5.25 compounded daily. HSBC compounds monthly, I think. Just discovered your blog---Love it!!! Please calculate HSBC on $1000000 assuming the money could arrive by 3/5 and will remain in the bank until 12/5. How does this compare to a bank offering 5.25 compounded daily. HSBC compounds monthly, I think. Just discovered your blog—Love it!!!

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