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HSBC, following ING Direct and E-Loan, has dropped its online savings account rate.
Personal finance startup Mint has benefited from great press recently, including winning top prize at the TechCrunch40 conference and encouraging reviews.
Bank of America has a new online-only certificate of deposit that they're calling "Risk Free."
FNBO, which hit the scene with a 6% APY promo offer on its online savings account, will drop to a normal rate of 5.05% come September 28, according to Bank Deals.
Twice today I've heard people say that they would never give financial account aggregators like Mint and Yodlee access to their bank accounts.
This week's Carnival of Personal Finance is hosted by Blunt Money and included my post Mint Officially Launches, Wins Top Company at TechCrunch40.
Is your bank as secure as you think it is? Does that SiteKey really do anything for you?
And the rate dropping continues.
Mint, an online personal finance tracker and tip application, officially launched yesterday at the TechCrunch40 Web startup conference, also taking home the top company prize and $50,000.
One day after the Fed dropped rates a half a point, ING has lowered the APY on their Orange Savings Account to 4.30% and also dropped the APY on the Electric Orange checking account.
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