Appears SFGI Direct has once again closed their high interest savings accounts to new applicants;

"On Friday, November 6th SFGI will again remove the 'Apply Now' button for approximately 2 months. As many of you noticed in July we removed the 'Apply Now' button for approximately 2 months. It is our philosophy to deliver a competitive product to our customers.

SFGI has chosen a strategy to slow account growth by limiting the application process for new clients instead of dramatically cutting the rates on loyal customers.

We thank you for your interest in SFGI Direct and please check the website to see when we will be accepting new cleints into the SFGI Direct family."

Seems incredible bank's domain name was registered in June and they have hidden the ownership of the bank through Domains by Proxy
http://whois.domaintools.com/incrediblebank.com
I am assuming River Valley Bank is the 4 star rated (Bauer) that is located in Wassua, WI

They don't say..but to take a guess, they are probably on the Allpoint Network...because they mention about a surcharge free network...not that they reimburse surcharge fees (like say, Schwab Investor Checking) or maybe they do...hard to tell.....some of their info is a bit "fuzzy" in it's presentation....

craig10x said:They don't say..but to take a guess, they are probably on the Allpoint Network...because they mention about a surcharge free network...not that they reimburse surcharge fees (like say, Schwab Investor Checking) or maybe they do...hard to tell.....some of their info is a bit "fuzzy" in it's presentation....
This says that they reimburse the surcharges:

"A: You will be charged initially. Your account will then be reimbursed the amount of the fee automatically."

Bank of America is offering special rate cash maximizer (translation: checking account that has no check writing) for 1.50% APY til 4/1/2010. For both existing and new customer. Min $10K, max $250K. Basically it is like a 5-month liquid CD. Seems to available online only.

Can someone please change the QS? Thanks!

Union FSB Money Market dropped to 1.65% on 10/23
Nationwide MMA dropped to 1.60% on 11/09
Danvers Bank dropped to 1.50% on 11/02
Capital One Costco raised to 1.75% on 11/4
1st Constitution Direct raised to 1.70% on 11/10
E-Loan Savings Plus dropped to 1.50% on 11/6
Zions Internet MMA dropped to 1.35% on 10/26
Amboy Direct Savings dropped to 1.31%
OneUnited Bank E-Savings appears to be gone, their Unity Gold E-MMA is 1.01%
Delta Community CU MMA dropped to 1.25% on 11/01
Salem Five eOne Checking dropped to 0.85% but their eOne Savings is 1.55%
Amtrust Direct e-savings dropped to 1.00% on 11/12
Corus Bank Ultimate MMA is gone
Century Bank Checking dropped to 1.20%, their MMA is 1.49%
State Farm Interest Checking dropped to 1.35% on 11/08
Venture Bank Direct is now First Citizens Bank and I couldn't find their rates
Amegy Bank dropped to 0.90%
Citi links don't work but their Ultimate savings and MMA dropped to 1.15% on 11/12
SECU Advantage MM dropped to 1.00% on 7/10
Umbrella Bank SA and MMA raised to 1.25% on 11/12
UFB Direct Traveler Svng link goes to UFB direct's site
Evernet Freebank Checking down to 0.76% on 11/06
Doral Bank Direct down to 0.50%
Sovereign Bank MM down to 0.45% on 10/31
BankMutualDirect down to 0.70%
E*Trade MaxRate Checking down to 0.30% on 8/19
WaMu Online Savings is gone
Provident Direct is now M&T Bank
Fidelity MySmartCash dropped to 0.20% on 11/11

vlmyfox said: it's the new InterestPlus Online Savings shown 1.75%, not the old online savings and old money market account

i just opened it. the good thing it has 10% bonus on interest calculated quarterly if monthly balance maintained over $15,000 at that quater
the bad thing is, it never tell you have to use electronic statement only until your application reach the "agree to terms" part

The new InterestPlus Online Savings is 1.7% plus 10% bonus source

It's probably the association with Costco that gives an extra 0.05 % in the rate.

vlmyfox said:tampa47 said:

Capital One Costco raised to 1.75% on 11/4



it's the new InterestPlus Online Savings shown 1.75%, not the old online savings and old money market account

i just opened it. the good thing it has 10% bonus on interest calculated quarterly if monthly balance maintained over $15,000 at that quater
the bad thing is, it never tell you have to use electronic statement only until your application reach the "agree to terms" part

So what's the bet on how many quarters they maintain the 10% quarterly bonus? Read the fine print, and didn't see anything about the right to change it, etc., but also didn't see any promise to maintain it, etc.

... and now rates at SFGIdirect already dropped to 1.85%, couldn't even get money fully transferred before they dropped...

NosmoKing said:... and now rates at SFGIdirect already dropped to 1.85%, couldn't even get money fully transferred before they dropped...

...and you would think, at least, they could let the exising customers stay at the 2.25% rate, and offer the newcomers the 1.85% rate, but noooooo..... At least I'm still getting 2.30% up to $100K in my savings account at, well, I better not say or it will drop too.