DISQUS

Consumerism Commentary: Completely Redesigned High-Yield Interest Rate Page (and Blog Roundup)

  • peter · 1 year ago
    do you have the code for that google spreadsheet - i was thinking about embedding it at my site. thanks!
  • Flexo · 1 year ago
    Peter: The code is on the way. Enjoy!
  • Early Retirement Extreme · 1 year ago
    Rethinking it, I think a better way to put it in terms of goal setting and S-curves, is that in the beginning one should put in large effort rather than start slowly. Time can mostly substitute for assets and it is when one has no assets that most of the time should be spent rather than the other way around.
  • Rob · 1 year ago
    I know it is probably nit-picking, but if it is not too much trouble, could you add a column for how often the interest is compounded? Currently the bank with the top rate on the spreadsheet (OneUnited) compounds interest quarterly, whereas another bank further down the list (Emigrant) compounds daily. The difference is probably insignificant in the short term, but I believe myself and others would find it useful to see at a glance.
  • Flexo · 1 year ago
    Rob: The APY takes compounding into effect already, so a 5.0% APY where the rate is compounded daily yields the same as a 5.0% APY where the rate is compounding quarterly (assuming no deposits/withdrawals). (The underlying interest rates/APRs would be different.) That's why it's not included in the table.
  • SingleGuyMoney · 1 year ago
    The new rate sheet is nice. Thanks!
  • Tim · 1 year ago
    Check out this site too for a comparison of many of the high yield savings accounts and their rates as of 1/26/08:
    http://themoneykings.com/blog/comparison_of_hig...
  • ChristianPF · 1 year ago
    nice list Flexo,
    thanks for sharing...