DISQUS

Consumerism Commentary: Opening a SFGI Direct Savings Account Earning 2.25% APY

  • Kyle · 3 weeks ago
    Sounds like a good deal but I would worn you to be wary of newcomers on the top of the interest rate lists. I made the mistake and jumped onto OnBank when it was over 3.0% and within four months they dropped to a measly .50%.
  • Flexo · 3 weeks ago
    Yes, and speaking of which, the promotional interest rate on my (non-online-only) Wachovia Business Money Market Account just dropped to something ridiculously low. I'll have to stop by when I have some time and work something else out.
  • goner · 3 weeks ago
    The "Apply" button disappeared and that means that they've reeled in enough suckers. Now comes the rate drop(s) just like ING. It's the new banking strategy in the face of difficult funding: it's also known as "Bait and Switch"
  • Flexo · 3 weeks ago
    You are quite right, it looks like they're closing off the bank to new applicants. I'll update the post.