FAQ and discussion about the best current APRs thread: All about The Daughter of The Mother

GCF Bank Cybersaver
4.47 APY guaranteed for 90 days
$100 minimum
Afterwards: 2.52% for <25k, 3.96 for <100k, 4.06 for 100k+

Removed from main thread QS. Its a promo rate. (like Everbank, rule #5 for you lawyer types).

ThursdaysChild said: The Granddaughter thread (for local or restricted liquid accounts) was archived. Should we start it again in hopes that this will cut down on the number of posts of local deals in the nationally available Daughter thread?

You can try, but it hasn't been well maintained. I tend to use Bankdeals blog for local accounts... he does a nice job of tagging them by state. Just click your state name and read through the latest deals he's posted.

Argyll said: On the daughter thread someone posted incorrect info about Provident.

I posted the correct info on the APY and rate. So why do I get negatives?

What was your message before you edited it?

mhesidence said: GCF Bank Cybersaver
4.47 APY guaranteed for 90 days
$100 minimum
Afterwards: 2.52% for <25k, 3.96 for <100k, 4.06 for 100k+


Removed from main thread QS. Its a promo rate. (like Everbank, rule #5 for you lawyer types).

Has anyone funded the Cybersaver promo account with a credit card? Was it a purchase & not a cash advance? What was the max allowed?

sfchris said: I added a "Links" section to the summary to keep the top of the thread from being overloaded with links.

Hey mhesidence, I sent you a PM... please see the LINKS section.. your link is there along with the others.

mhesidence said: sfchris said: sfchris said: I added a "Links" section to the summary to keep the top of the thread from being overloaded with links.

Hey mhesidence, I sent you a PM... please see the LINKS section.. your link is there along with the others.

Hey, sfchris I can't send you a PM because your PM is turned off.

That's true. Let's discuss this publically anyway. You keep reverting my change to put all the LINKS in thier own section. Why are you doing that? Do you really want a bunch of links at the top of the summary?

mhesidence said:

You keep reverting my changes that have important links at the top of the QS.

So you want links at the top of the Quick summary? I think it makes it harder to read.

Folks, here is was my edit in case it is reverted by the time you read this:

Here is a copy of the list that is unverified by me and is changeable by anyone. Please follow the rules.
Please keep the entries short and to the point. Additional information can be found in each bank thread.

REWARDS CHECKING ACCOUNTS:
None.
(See links section at bottom for additional Rewards Checking accounts)

OTHER ACCOUNTS:

Provident Direct
4.50% APY
No minimum
No fees. ACH: Yes. ATM: Yes. Checks: No.
Funding Account will be linked for ACH in/out
"The ability to add additional accounts was to be released in the beginning of April 2008 but is now delayed" (c) Provident
in Yodlee select: Provident Bank Of Maryland
No credit report pull
Fatwallet discussion

Alliant Credit Union Savings
4.35% APY $100+
0.00% APY < $100
$5 minimum
ACH originate: YES, ACH target: YES, checks: NO, debit card: NO
Available to all by joining the National PTA for $25. Membership in your local PTA is also acceptable.

Countrywide Bank Savingslink
4.05% APY $10,000+
3.00% APY < $10,000
$1,000 Minimum
ACH originate: YES, next day, ACH target: YES, checks: NO, debit card: NO
Fatwallet discussion

Zions Bank Deseret Money Market
4.03% APY $100K +
3.98% APY $50,000 - $99,999
3.87% APY $1,000 - $49,999
0.00% APY $0 - $999
ACH originate: NO, ACH target: YES, checks: YES, debit card: YES
Not available to residents of Utah.
Fatwallet discussion

Beverly National Bank e-Success Savings Account
4.00% APY
$5000 to open, $5000 to avoid fee.

Corus Bank Ultimate Money Market
4.00% APY
Min to open $100 ($10,000 to avoid fees)

OneUnited Bank UNITY Internet Savings Account
4.00% APY Compounded quarterly $1000+
Fatwallet discussion
Fatwallet discussion

BankUnited Savings Account
4.00% APY $5,000+ to open ($300+ to avoid fees)
ACH originate: NO, ACH target: YES, checks: NO, debit card: NO
Fatwallet discussion

Flagstar Express
3.90% APY
No Minimum Daily Balance Required
$1.00 to open
ACH originate: YES, ACH target: YES, checks: YES, debit card: YES
ACH limit of $5,000 per month according to DVDBob or $25,000 per month according to goodlife; I couldn't find either figure on the Flagstar site
Fatwallet discussion

UmbrellaBank.com Pot O'Gold Money Market
3.75% APY $1000+ to open ($1000+ to avoid fee)
ACH originate: NO, ACH target: YES, checks: YES, debit card: YES
Fatwallet discussion

WTDirect Savings Account
3.56% APY
ACH originate: YES, ACH target: YES, checks: NO, debit card: NO

Amboy Direct Premium Savings
3.65% APY $1+
ACH originate: YES, ACH target: YES (Inbound only), checks: NO, debit card: NO
Fatwallet discussion

WaMu Online Savings Account
3.55% APY $1+
ACH originate: YES, ACH target: YES, checks: NO, debit card: YES
Fatwallet Discussion

Savings Square
3.50% APY $1
ACH originate: YES, ACH target: YES, checks: NO, debit card: NO
Fatwallet discussion

E*Trade Complete Savings
3.45% APY
No Minimum Daily Balance Required.
$1.00 to open.
ACH originate: YES, next day, ACH target: YES, checks: NO, debit card: NO
Fatwallet discussion

UFB Direct Absolute Savings Account
3.35% APY $1+
ACH originate: NO, ACH target: YES, checks: NO, debit card: YES
The old High Yield account can be exchanged for this new account. You keep the old old account number, ATM card etc. The bank mail works for this. Warning: UFB Direct funds may be placed at Countrywide Bank and combined with your Countrywide Bank accounts for FDIC insurance purposes.
Fatwallet discussion

ADDITIONAL INTEREST RATE LINKS
All liquid accnts thread - Son of the Daughter of the Mother of Liquid accnts
Thread similar to this one, but the list of liquid accounts is formated and there are no posting restrictions.

Reward Checking Accounts Paying at least 5% APY (Available to All)
For nationally available Reward Checking Accounts paying 5% or more, please see thread.

mhesidence said: Added

Beverly National Bank e-Success Savings Account
4.00% APY
$5000 to open, $5000 to avoid fee.
Good luck getting that account opened. I did the application yesterday and got denied, same thing today. So I just called and was told they pull through Chex Systems and if you opened any new account in last year it denies you. She told me they are working on fixing it so that they can over ride and open it manual for you.

I liked it when you had the minimum, no fee accounts numbered. This was an important feature. Perhaps you could have two lists -- the no minimum, no fee accounts, and the others.

sechs said: Any reason that MMAs seem to be fairing better than savings accounts?
Because they can drop them on a dime if they choose

Katoo said: I see in the fee schedule for Alliant. Under Account Basics:

Manually Paid Checks and ACH Items..............(effective 5/1/08)$29I'm not sure this is the right thread (I'll also post in the Alliant thread) -- here's the answer to my email asking what "manually paid" things are:

"When an item does not post electronically and we have to manually process the item is when members would be subject to manually processing fee.

Some examples of situations where a check or an ACH item is manually paid are as follows: when an ACH item is keyed in wrong or set up improperly with either wrong account number or share, when the MICR line (the printed numbers on the bottom of a check) cannot be read electronically, and when a check is called in verbally and a wrong account number is provided."

sfchris said: Sigh. I'm not going to participate in a revert war, but I think the links at the top look cluttered and it will only get worse.

Cute sabotoge of the link you don't like in the QS. I fixed it.

Don't be a jerk like here and here.

jray225 said: I don't think it is to cluttered to add links to the quick summary of thread that are so closely related to this thread. That is what the quick summary is for, sharing important information.

I did however update the QS to make the links a little less obtrusive. If anyone would like to discuss the issue, please send me a PM.

I'm ok with the links, but I think it would be better to put them at the bottom of the QS so we don't have to scroll through them each time we load the rate list. Eventually the list of links could get quite long.

Fixed the text in the Reward Checking account link, and then went back and corrected the spelling of "formatted."

sfchris said:

Something doesn't smell right. I don't even recognize more than 3 of those names.
Oh crap now you going to say vote was rigged? Come on those are just people who follow the rate threads but don't post

sfchris said: mhesidence said: I recognize these.

alik99
beethovengirl
bozo007
djspray
NukeMedDude
scott1961
scripta
swishyx
theboogeyman
ThursdaysChild
winter

Good for you. Did you see them voting this this thread? Maybe 3-4 of them. I haven't seen the others here.

You don't live in Florida do you?

Okay, I admit it. I made up 30+ names and have been posting day and night for years so I could make them all seem real.

See you later, scott. It has been fun joking around with you, at least. This was a good thread and I am sorry to see it go.

I already outlined why the original saving rate thread is preferable earlier in this discussion thread... and why I won't be making much use of the new thread, and why probably readership is going to drop off... namely:

1) mhesidence's thread summary is nearly impossible to edit properly
2) good rates are mixed in with ones with restrictions
3) the discussion part of the thread is a hopeless jumble of cruft and therefore
4) it is difficult to track rates over time to figure out which accounts are volatile

These problems are all solved in the original thread and there was absolutely no reason to move to a new model.

Since sfchris has inappropriately and unnecessarily linked to the original liquid accounts thread four times in the new sticky thread's Quick Summary, I alerted the moderator with the below message. All thread references are to the new sticky liquid accounts thread.

To the moderators:

Regrettably, FWF poster sfchris has been sabotaging the Quick Summary of this thread, the new sticky liquid accounts thread, repeatedly. He has been asked by the thread's author, mhesidence, to refrain from linking to the now-unstickied liquid accounts thread, and mhesidence has pointed out to him that the thread is linked in the OP of this thread. Nonetheless, sfchris has inserted the link in the Quick Summary four times as of now, all of which have been reverted.

sfchris is either unwilling or unable to respect the wishes of the author of this thread. Since sfchris's private messaging is turned off, there is no way to initiate contact with him. I recommend therefore:

1. Please warn sfchris not to sabotage or abuse this thread, and to respect the wishes of its author. It's unfortunate that a moderator must provide this warning, but apparently necessary.

Thanks for your attention to this matter.

sfchris, I won't try to analyze your motives for your behavior, including the numerous posts you made yesterday to this discussion thread that involved name-calling and totally inappropriate language, which, thankfully, the moderator removed. Tellingly, you never apologized for your multiple outbursts. My only request is that you stop sabotaging the new sticky liquid accounts thread. The now-unstickied liquid accounts thread is unlocked, and you can post to that thread if you dislike the new sticky thread. Thank you.

Yeah that works too. Thx.