WTDirect Online Savings Account Falls (Again) to 5.06% APY

10.10.07 | Online Savings Accounts | 0 Comments | by junger

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Barely two weeks after their last rate drop, WTDirect's online savings account (affiliate link) has fallen again.

wtdirect.jpg

The WTDirect savings account is now down to 5.06% APY, falling from the only temporary 5.15%.

AmTrust Direct has also taken a steady-dive approach, dropping their rates multiple times with apparently no warnings about the cuts (says commenter tightwad).

But wait, don't ct so soon.

The 5.06% APY is only a temporary, 60-day rate for savers with under $10,000 in the account.

After 60 days, if the account doesn't have at least $10,000, the rate is pathetic: 0.60%.

WTDirect is the online arm of Wilmington Trust, headquartered in Wilmington, Delaware.

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