Highest Interest Savings Bank?

hl0m4n · 01-01-2009, 06:23 AM

which bank offers the highest interest on savings? so far i see hsbc is the highest at 3.00% apy.

PLAYON · 01-01-2009, 08:17 AM

http://www.e90post.com/forums/showthread.php?t=193230

hl0m4n · 01-01-2009, 08:29 AM

Quote:

Originally Posted by PLAYON

http://www.e90post.com/forums/showthread.php?t=193230

tyvm man. mind telling me what you went with?

PLAYON · 01-01-2009, 08:54 AM

Quote:

Originally Posted by hl0m4n

tyvm man. mind telling me what you went with?

I havent pulled the trigger yet. . .I am still looking at my options but I'm leaning towards ING Direct because they have a checking account that earns interest, not at the same rates as some of the other online banks but you have access to your cash in case you really need it (via debit card). It all depends how much you are going to throw in and what your goals are. All I'm looking to do is earn interest on money I circulate through on a semi-weekly basis. I have money in a savings elsewhere but you can't go wrong with any of those banks on there that have a low minimum and a medium to high yield. . .Citibank and Venture Bank caught my eye.

kuvesh · 01-01-2009, 09:17 AM

with all the bank failures of late, prob best to ensure you are not dealing with any questionable banks in the hope a earning a few extra dollars in interest

GreenThree · 01-01-2009, 02:05 PM

ING is too low right now. 2.75%. DOllar savings direct fTW. 4%

///Mandy · 01-01-2009, 02:10 PM

It's nice to take advantage of these low interest rates now, but make sure that you are not locking in your money with an account that offers crappy rates once our economy gets back on it's feet.

hl0m4n · 01-01-2009, 05:04 PM

hey man i took more detailed time and are those rates outdated? i went on citi and they only offering 2.50% not the 3.75 from site.

anyone have a site with current updated %s? thanks.

PLAYON · 01-01-2009, 05:14 PM

Quote:

Originally Posted by hl0m4n

hey man i took more detailed time and are those rates outdated? i went on citi and they only offering 2.50% not the 3.75 from site.

anyone have a site with current updated %s? thanks.

The rates are current. . .but I doubled checked on the Citibank rate and it links to the wrong site, so my guess is they have the wrong rate for Citibank. All the other ones seem applicable.

EDIT: rates will fluctuate also. . .so keep an eye on that.

e92phreak · 01-01-2009, 05:51 PM

Why not put it into a CD instead of a savings if you're going to put it in a bank? At least your rate will be fixed for that duration. If you want to invest it in a bank, a promotional CD will yield a better fixed rate than these variable savings rates. Of course, this is if you don't need it to be liquid during that duration.

Don't worry about bank failures unless you are planning on depositing more than 250k.

oldaccount · 01-01-2009, 11:48 PM

Dollar Savings Direct is offering 4% apy savings accounts right now. I just opened mine a couple of nights ago. This is the highest rate currently available anywhere.

01-01-2009, 06:23 AM	#1
hl0m4n Major General 2437 Rep 5,627 Posts Drives: BMW Join Date: Nov 2006 Location: NY iTrader: (58)	Highest Interest Savings Bank? which bank offers the highest interest on savings? so far i see hsbc is the highest at 3.00% apy. __________________ Cars: 07 335i ► 08 328i ► 11 328xi ► 13 M3 ► 17 M4 ► 14 M6
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01-01-2009, 08:17 AM	#2
PLAYON Major 268 Rep 1,414 Posts Drives: 2008 BMW 550i Join Date: May 2008 Location: East Coast iTrader: (0) Garage List 2008 BMW 550i [0.00] 2003 Audi A4 [0.00]	http://www.e90post.com/forums/showthread.php?t=193230 __________________
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01-01-2009, 09:17 AM	#5
kuvesh Lieutenant 26 Rep 513 Posts Drives: e92 335i juiced Join Date: Jun 2008 Location: singapore iTrader: (1)	with all the bank failures of late, prob best to ensure you are not dealing with any questionable banks in the hope a earning a few extra dollars in interest __________________ HAMANN FRONT APRON, SIDES, ROOF SPOILER & QUAD DIFFUSER \| VORSTEINER VRS TRUNK \| CSC3 ON 19” ADVAN RS \| BREMBO GT BBK \| BASTUCK QUAD \| KW V2 \| JB3 v1.3s beta \| BMW PERFORMANCE STEERING WHEEL \| M3 SIDE MIRRORS \| M5 SMG SHIFT KNOB \| BLACKOUT GRILLS \| PARTIALLY SMOKED LIGHTS \| WINDOW TINT
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01-01-2009, 02:05 PM	#6
GreenThree Colonel 227 Rep 2,110 Posts Drives: 2011 e90 Join Date: Mar 2008 Location: Boston, MA iTrader: (0)	ING is too low right now. 2.75%. DOllar savings direct fTW. 4% __________________ 2015 335xi \| Mineral Grey Metallic \| Black Dakota Leather \| NAV \| SportLine \| ZPP \| ZDA \| ZCW \| Munich Build Retired: 2008, 2011, 2013 328xi
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01-01-2009, 02:10 PM	#7
///Mandy N54 <3 268 Rep 1,558 Posts Drives: E90 335xi Join Date: Apr 2008 Location: Here. iTrader: (1)	It's nice to take advantage of these low interest rates now, but make sure that you are not locking in your money with an account that offers crappy rates once our economy gets back on it's feet. __________________ E90 335xi\|Nav pkg\|Sport pkg\|Dakota leather\|Brushed aluminum trim\|MTech kit
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01-01-2009, 05:04 PM	#8
hl0m4n Major General 2437 Rep 5,627 Posts Drives: BMW Join Date: Nov 2006 Location: NY iTrader: (58)	hey man i took more detailed time and are those rates outdated? i went on citi and they only offering 2.50% not the 3.75 from site. anyone have a site with current updated %s? thanks. __________________ Cars: 07 335i ► 08 328i ► 11 328xi ► 13 M3 ► 17 M4 ► 14 M6
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01-01-2009, 05:51 PM	#10
e92phreak General 396 Rep 21,745 Posts Drives: E92 335i TiAg/E46 323i TiAg Join Date: Mar 2007 Location: CA iTrader: (1) Garage List 2007 E92 335i [9.50] 2000 E46 323i [0.00]	Why not put it into a CD instead of a savings if you're going to put it in a bank? At least your rate will be fixed for that duration. If you want to invest it in a bank, a promotional CD will yield a better fixed rate than these variable savings rates. Of course, this is if you don't need it to be liquid during that duration. Don't worry about bank failures unless you are planning on depositing more than 250k. __________________ 07 E92 335i \| TiAg \| Step \| Padl \| Cmft \| Alum Trm \| PDC \| Nav \| Assist \| Sat \| Lthr \| Prem \| Sprt \| Rear Splr \| RDSport Quads \| iPod \| V1 \| LT Refl \| VS Clear Bra \| OEM Lip \| KWV2 \| Mtec Sides \| BBS LM-R 00 E46 323i \| TiAg \| 5sp \| Sport \| Roof \| RDSport Cams \| RDSport tune \| RDSport Shift \| Volk LE37 \| M3 spoiler \| PSS9 \| SuperSprint \| Brembo
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01-01-2009, 11:48 PM	#11
oldaccount Colonel 171 Rep 2,455 Posts Drives: Car Join Date: Jun 2006 Location: USA iTrader: (2)	Dollar Savings Direct is offering 4% apy savings accounts right now. I just opened mine a couple of nights ago. This is the highest rate currently available anywhere.
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