for anyone that jumped, is there a hard credit pull to open?

I would guess that most other online banks won't really follow suit any time soon. It seems that Emigrant and HSBC are trending towards lowering their rates, especially since Emigrant lowered their CD rate recently. The fed rate hasn't moved recently and Emigrant is not pushing *NEARLY* enough mortgages out the door to actually be USING their millions and millions in deposits to their advantage.

This one looks like a winner, and the 5.5 rate looks to be premium for at least a few months.

So this is essentially a Banco Popular online savings account.

therivler1 said:Before we all go rate chasing, I would give this a week to see if our normal accounts (emigrant, HSBC etc..) will try to match their rate. It might not be worth the lost interest until we know how others will react.
Agreed.

Tytie

therivler1 said:Before we all go rate chasing, I would give this a week to see if our normal accounts (emigrant, HSBC etc..) will try to match their rate. It might not be worth the lost interest until we know how others will react.
It's not always rate chasing, I did not take from one of my normal accounts but from an abbynormal one, WFB which has been stuck at 4.60%. Seems worth the move for almost a full percent higher

I don't like that you can only change your linked account 4 times a year (the limitation on changes or the implication you can only have 1 at a time). Of course, if a nice bonus comes along, I'll push some would be short CD money in there.

zoop76 said:Did anyone catch the part of the article about Everbank?
Starting next week, EverBank Financial Corp. will, for the first time, offer a three-month promotional rate of 6.01% on its money-market deposit account.Why can't Everbank, ever give a good rate for more than 3 months?

They offer high rate promos to stimulate deposits and meet production goals, and in the hope that some % of deposits stay after the rate drops back down.

miqie said:Could you link this account to say, Emigrant Direct, or can you only link to checking accts?
Also does E-Loan start giving you interest on the same day as deposit like Emigrant does?
You can link Emigrant, It asks if the account is checking or savings. Have not seen any accounts that don't start paying interest the day the deposit shows up even though I am sure there will be a hold. AmTrustDirect started paying me interest the day I applied but did not pull funds until 2 days later, Now that seemed odd

Does anyone know the eloan savings' ABA routing number for wiring/ACH purposes? Thanks!

This one looks good to me, just signed up and made the minimum for the interest rate. Bryany127, where is the free credit score you are talking about?
edit:Guess I should have looked first, here is the linky to free credit report but they sign you up to the 30 days free trial program like the rest. Linky