Comments on: Earn 2.50% With This Savings Account

By: Jo

Jo — Wed, 02 Sep 2009 18:00:36 +0000

Ist Constitution’s website looks like something that has been put together by a scam artist. I have tried opening accounts with several of the banks offering the highest rates on savings, and the experience has not been good. They are either snowed under with problems, or may be are short staffed. I had to call Discover Bank four times, and even wrote them a letter, because I sent them a check which simply disappeared. We eventually got the bottom of it, but not without a little anxiety. BankofInternet don’t seem to have the best customer handling skills. Be wary of teaser rates, when interest is paid, and pay particular attention to efficiency. This is a bad time for banks and rate chasers opening and closing accounts has probably added to their already large workload. For anyone interested, (and this is not a plug) Anglo Irish were recently offering 3% for 6 months, and they have an Irish government guarantee. I was a customer for many years and they ran a fairly tight ship. I think that guarantee expires in 2010.

By: DealMaven

DealMaven — Tue, 18 Aug 2009 15:36:52 +0000

1st Constitution Direct has slashed the yield it’s paying on savings accounts. The APY is now 2.05% — a sharp drop from the previous 2.50%. But if you compare current savings rates, you’ll find it is still one of the highest-paying accounts available. Tennessee Commerce Bank in Franklin, Tenn. leads by a mile, paying 2.30% APY.

By: Catso

Catso — Sun, 09 Aug 2009 18:22:28 +0000

There website doesn’t work properly. Be forewarned.

By: Satsu

Satsu — Wed, 05 Aug 2009 13:56:44 +0000

I tried to open the account online couple of days ago. Yesterday, I got an email saying they could not verify the information. They did not say what’s wrong with the information that I provided and they say they do not disclose anything. I called up the customer service but no use. I would never apply with them again….

By: are we stupid

are we stupid — Mon, 03 Aug 2009 14:42:47 +0000

are we stupid for a rate of 1% for the ceos can give themselves millions you all should of went under.

By: Cash Flow Moe

Cash Flow Moe — Mon, 03 Aug 2009 01:10:41 +0000

There are lots of good deals for those that look. I have a rewards checking account with Renasant Bank that pays 4.00% with no minimums. There are a few requirements each month that are easily attainable such as use of a debit card, direct deposit, paperless statements, etc. If you check with banks in your area, I bet you can find a similar deal.