Get 3.30% APY with eTrade Savings Account

eTrade has decided to raise its interest rate on the Max-Rate Savings Account from 3.15% to 3.30% APY. That’s not too shabby compared to other online banks right now. I’ve banked with eTrade in the past, but only with CDs, not a savings account, but I’ve heard good things about their service (they’re at least on par with other online banks). Click here to open a savings account (affiliate).
As an aside, I have my Rollover IRA and Roth IRA accounts with eTrade, and I haven’t had any problems in the 3-4 years since opening each. If you’re just using the savings account to stash you cash, then I say go for the highest available rate that you can, as long as you’re not wasting time switching banks to gain a fraction of a percent.
Try one of these related posts too!:
- HSBC Direct lowers rate! Duh duh duh!
- Opened a Bank of America Money Market Savings Account
- Citibank offers $50 to open new savings acount by May 15th
- Don’t forget: Commission-free eTrade stock trades today!
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FYI: FNBO Direct (First National Bank of Omaha) has been at 3.5% since around January. Its pretty standard online savings account, although the recently added online checking (equivalent of ING’s Electric Orange). I’ve never had any problems and recommend them.
3.50% at HSBC Direct.