Citibank, HSBC, Presidential All Raise Rates

My Money Blog has partnered with CardRatings for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. Thank you for your support.

Presidential Premier Savings (Presidential Bank review) is now at 4.87% APY, with its Checking at 4.50% APY. These guys are my primary bank.

Citibank e-Savings Account (previously discussed) is now at 4.75% APY.

HSBC Direct (HSBC Direct review) is now at 4.65% APY.

Don’t miss my Rate-Chaser Calculator. I need a new comparison chart…

My Money Blog has partnered with CardRatings for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.



User Generated Content Disclosure: Comments and/or responses are not provided or commissioned by any advertiser. Comments and/or responses have not been reviewed, approved or otherwise endorsed by any advertiser. It is not any advertiser's responsibility to ensure all posts and/or questions are answered.

Comments

  1. Come on GMAC Bank – you are due for an increase! 🙂

  2. I recently opened a Citibank E-savings account with checking and have yet to find the percentage rate listed within the user control panel. It does show up on the monthly statement but nowhere else that I’ve found. Anyone located it?

  3. Trent – you are right. It does not show up. I think it may be something internal with Citibank; because none of their savings accounts show it. They would probably need to reprogram their website to show it on the account detail screen.

  4. StarHusker says:

    You can check out the new promotion from USAA. They give 1% extra interests as bonus for the first six months. If you have a balance more than 10k, it might be worth opening a performance index account (a kind of saving accounts from USAA). The interest rate is 5.34%-5.71% during the promotion, depending on your balance.

  5. If you have 15K or more, the current APY at GE Interest Plus (my bank) is 4.91% I find their rates to be higher than most other banks. The 4.91% account is also a checking account, but you have to write checks for over $250. If I’m taking less than $250 out, then I just use ACH transfer for amounts of $25 or more). If you have less than 15K, the APY is still decent – 4.65%. I remember when it was 6% and all the other online banks were 4. I’m waiting for the 6% to come back!

  6. Presidential just changed premier savings so there are no fees for a low balance anymore. Still need $5k to open an account though.

  7. College Student says:

    GE Interest Plus is not an FDIC-insured deposit. It is possible to lose money if GE Capital is unable to pay its debts.

  8. Actually, doesn’t GMAC Bank have 4.75% APR now for 5K and greater?

    I signed up for an account when HSBC’s rate was lowered and I’ve found GMAC to be 1000% better than HSBC. The service and Web site are far superior. I am quite pleased. I left a few bucks in my HSBC account, too.

  9. sillycat says:

    Just a note, ED increases rate too.

Speak Your Mind

*