E-Loan 5.38%, iGObanking 5.30%, ING Direct 4.50% APY


E-Loan 5.38%, iGObanking 5.30%, ING Direct 4.50% APY

» E-Loan Savings lowered its rate from 5.50% APY to 5.38% APY. Commenters to my Eloan Savings review added that they had some transfer glitches as well.

» iGObanking is yet another online no-minimums savings account, offering 5.30% APY. I know little else.

» ING Direct recently raised its rate from 4.40% to 4.50% APY. $25 opening promotion.

See my online savings account comparison for a summary of the banking options out there.

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