that money market rate is a promotion rate, you only get it or the first 3 months thenit drops considerably...

FatNYC said:craig10x said:that money market rate is a promotion rate, you only get it or the first 3 months thenit drops considerably...

That was always my understanding, but E-Trade changed the rate page yesterday to show 5.28 APY as the regular rate. Perhaps it is a mistake, but the rate page clearly shows it. I could not find the old rates (4.4%) anywhere on the site. It's either a terrible mistake by E-Trade or a great new rate.E-Trade is deceptive with their rate chart on their site. Clear your cookies and you'll see the rate change!

is their routing number the same as for their money market accounts?

amarjeet27 said:Newbie Question:
What does "Account Research" fee of $25 per hour on this page mean?
It means, for example, you call them up and say you need a copy of a deposit slip or a cancelled check from five years ago and somebody has to go digging through their archives for you.

plantdetective said:is there a limit to the number of external accounts that you can transfer to and from? Do you need to send in voided check to add accounts?


edit to add second question.

I dont know if there is a limit as to the number of linked accounts (I have 4 linked as of now), but no you do not have to send in voided checks - they verify accounts electronically.


Edit: Anyone know if Chase or BofA will count a deposit from Etrade as a DD for fee waivers? I searched and found info on Ing, Paypal, but no mention of this Etrade account.

maddybeagle said:got this recent promo by email for an existing complete savings account (probably targeted for one of our accounts that doesnt currently have much money in it....so be on the lookout)....

If your balance increases by $15,000 or more from February 9 to March 16, 2007, we'll deposit an additional $25 into your account.3 Use FREE Quick Transfer4, the one-click way to transfer money easily into your Complete Savings Account, from any financial institution you choose.

We will credit $25 to your E*TRADE Complete Savings Account by 4/20/2007 if your closing balance on 3/16/2007 is at least $15,000 higher than your closing balance on 2/9/2007. $25 will be reported as interest income. Offer applies to one account per customer. We will apply credit to the qualifying account with the highest balance on 3/16/2007. This offer is not valid for E*TRADE FINANCIAL employees.
Hmm, seems like a $15,000 depost on 3/15/2007, followed by a $15,000 withdrawn on 3/17/2007 is in order.

Considering the difference between 5.05% at eTrade and the 6.00% at HSBC

jairocon said:$25 opening bonus with $1 initial deposit requirement (exp. 2/28/07):
http://www.etrade.com/25cash

Found info on bankrate's website - here

I was just going to post this... Looks like you can open an new one even if you have an existing account....

I posted this on SD too, in case somebody knows. I was gonna open an account but then I saw those rules. Does that mean that when I transfer my money out of the account they charge $25? Oh and why is the limit $100 if I want to fund my account through electronic check? Anybody know? Or is electronic check different than wire transfer?

The following fees apply to all accounts and are in addition to any other fees that may be assessed against an account:

* Incoming wires - FREE
* Domestic outgoing wires - $25 per wire
* International outgoing wires - $25 per wire
* FedEx request - $20
* Returned deposits - $25 per item
* Stop payment request - $25 each check or transaction
* Research - $25 per hour
* Copy of statement - $5
* Non-sufficient funds (NSF) or uncollected funds (UCF) per item/transaction - $25
* Front and back copy of check - $5 per check
* Outgoing IRA Full Transfer fee - $50
* Legal Process (subpoenas, levies and other process) - $75 minimum (plus research and copy fees)
* Digital Security ID - $25 per device
* Verification of Deposit - $5 per request

noodlz said:Wire transfers are different from ACH, which is free.

Where do you see the limit for electronic check? I think thats the limit that gets lifted after you verify your bank account.

After I type in my checking account information, the highest opening deposit I can put is $100.

browns99df said:Is it true there are no fees for transfers to AND from the E*Trade account from another bank?YES if you initiate transfer inbound (pull) or outbound (push) from E*Trade to your linked external accounts.