Note: This post was published on Jan. 27., 2010 and may contain outdated data pertaining to bank interest rates. Use this link to see the latest daily savings and CD interest rates.
You may be familiar with E*Trade as one of the first online stock brokers. What you may not know is that E*Trade is also a great place to bank. They even do home loans and credit cards.
E*Trade Max Rate Checking
E*Trade’s Max Rate checking account provides the usual checking perks:
- Free bill pay
- Free debit card
- Online access, etc.
Where it gets good is that E*Trade Max Rate Checking also gives you free unlimited ATM fee refunds and pays interest on balances over $5,000. As of May 22, 2012, that rate was 0.15% APY. Not much, but it is a checking account.
E*Trade Complete Savings Account
To round out their brokerage and banking options, E*Trade also offers an online savings account with no minimum balance requirement and just a $1.00 require opening deposit. As of this update (5/22/12) the APY is a paltry 0.05%, but if you want a savings account under the same roof as your brokerage services, it’ll do. Otherwise, find another online savings account here.
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