Friday, April 18, 2008

Online Savings

I need some help in a new venture. Currently Josh and I have a traditional savings account. We have notice our interest rate falling drastically. I had heard and seen online that the online savings accounts have way better interest rates, but I have been a little hesitant to do it because I am afraid to transfer my money to a fake bank or something. If anybody has any experience with this please help.

3 comments:

Droopy's said...

do ing direct

Marcy said...

We use UFB Direct.

The Shadburn Family said...

We use ING, too and I have noticed ours go down a whole percentage lately. I haven't called them to crab or looked around for something else yet. Wachovia's new savings pays 4.5% the first year, but I'm not sure after that. Let me know if you find something awesome.

I will say that with ING, when you transfer money to or from it to your checking, it takes a few days to hit.

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