Wednesday, January 28, 2009

An Easy Savings Account to Make More Money


3.5% APY Savings Account

I thought that I would let you all know that I just "stumbled" upon a savings account called Dollar Savings Direct, a division on Emigrant Direct Bank who I have banked with for years. Dollar Savings Direct offers a savings rate of 3.5% APY which is pretty dang good in this economy. Compare that with your current savings account and I bet that you're beating it's rate by about 3% on average.
The only requirement is that you keep a $1,000 minimum in the account in order to receive the 3.5% rate. If you're account goes below $1,000 then you will only earn 1% on your money until it is back above $1,000.
Don't forget that Emigrant Direct Bank is still a great place to earn 2.4% APY on your savings with no minimum balance requirement. Both banks allow you to link your savings account to your checking account and both are FDIC insured. You can take a look at both of their sites for more information. Save away!

Account Highlights
  • Open your account online. It's quick and easy.
  • No Fees. $1,000 account balance minimum.
  • No need to change your checking account. Your Dollar Savings Account™ will be linked to your current checking account.
  • Access your account 24/7 at DollarSavingsDirect.com.

No comments:

Post a Comment