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HSBC Direct offers 3.25% in their online savings account through 9/15. Minimum balance to open is $1. If a third party charges you to use their ATM in the U.S., HSBC will rebate up to three of these fees based on transaction date order during the calendar month.
Washington Mutual Bank is probably the most widely known bank that offers competitive rates, currently at 3.75% APY Online Savings when you sign up online for a WaMu Free Checking account. Minimum balance to open Online Savings is $1. They also do not charge you for ATM withdrawals from non-WaMu ATMs.
WTDirect.com - Wilmington Trust Direct is offering a 3.31% APY for an account balance of $10k. FDIC-insured up to $100,000 per depositor with Wilmington Trust FSB.
Washington Mutual Bank is probably the most widely known bank that offers competitive rates, currently at 3.75% APY Online Savings when you sign up online for a WaMu Free Checking account. Minimum balance to open Online Savings is $1. They also do not charge you for ATM withdrawals from non-WaMu ATMs.WTDirect.com - Wilmington Trust Direct is offering a 3.31% APY for an account balance of $10k. FDIC-insured up to $100,000 per depositor with Wilmington Trust FSB.
forget about WAMU... worst customer service ever
in the branch, they act nice... but they won't do anything they promised u to do...
three times that i stopped by a branch and asked them to send an email to the online department to credit my account for some mistaken charges... every time, the branch manager acts to be a warm helper when u r there... but they never sent the email...
online is worst... terrible attitudes... always trying to end your call... and same thing... they promised me to ask her manager to call me back within 1-2 days... but never got a call
just stay away from wamu
With HSBC Direct, dont even think about using a B&M teller. I had a few thousands to deposit and the teller told me to use the ATM. I ended up putting it in my checking and mailing a check in order to deposit into my savings.
Wasn't it HSBC that had a computer outage that lasted a week? A quick Google search for "HSBC Outage" shows that not only did they have a huge computer outage in August, but that this is not a new thing for them. I'm not putting any money in that bank.
E*Trade offers a 3.3% savings account without strings and a 2.9% checking account ($5k average balance, or $50k in accounts at E*Trade): http://etrade.com .
Bank iowa has a far better deal with 5.51% in a free online checking account. Couple of hoops to jumps through, but no big deal.
http://www.bankaltoona.com/rewardhecking.html
GMAC Bank has 3.0% APY. Not the highest but offers the following:
free checks; Debit/ATM Card; refunds ATM fees; no account fee with balance over $500 and good customer service.
I have my savings in HSBC and didn't even know they had a computer outage. I guess the point is to not rely on just one bank. Use the HSBC account for savings you don't need to touch right away.
I have ING Direct, HSB Direct and WaMu free checking. Never had a problem with any of them. I just direct deposit my paycheck into whoever is paying the higest interest.
I also have a 12-month CD with WaMu at 5% APR. I haven't seen anything close to that from any other bank.
I have a reward checking account in AZ (AZ B&T) at 6.01% guaranteed until next April. No minimum balance. Found out about it from a blog months ago. The guy maintains a webpage showing banks available in every state with reward checking accounts as well as ones available nationwide. http://www.highyieldcheckingdeals.com/
Most of those High Yield Checkings aren't FDIC insured...