EmigrantDirect - 5.05% APY FDIC Insured Interest Savings Account with NO Fees and NO Minimums! New 5.20% APY CDs Now Available and You Can Choose The CD Maturity Date!
They now offer a 5.05% Annual Percentage Yield (APY) on their interest savings account! Their policy has no minimum, no hidden costs, no fees, no penalties, no service charges, and everything is FDIC insured!
Comparing to your local Citibank or Wells Fargo, their interest rate is like a whole 4.50% higher than what any of those would offer. For those of you who aren't familar with Emigrant Direct, they have a total of $10 billion in assets and more than $1 billion in net worth. They mainly operate in New York, and they have been a huge hit since they opened up their online savings accounts. Setup is easy, but it takes a couple days for them to verify your other bank account. Start saving now! EMIGRANT DIRECT AMERICAN DREAM SAVINGS ACCOUNT