E-Loan Intros Savings Plus High-Yield Online Account

09.17.08 | Online Savings Accounts | 0 Comments | by junger

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

E-Loan, which at one point had the highest online savings account, has introduced a new product: the Savings Plus account.

Offering a tiered APY, the Savings Plus Account requires monthly deposits of at least $100.

Accounts that do not have at least $100 deposited for more than 60 days will be converted into a standard online savings account, according to the terms of service.

Here's the breakdown on the tiered APYs:

Current users of E-Loan's online savings account can convert to a Savings Plus account.

Existing E-LOAN Savings Accounts can easily be converted to Savings Plus. Just log in, click "Transfer Funds" and set up a recurring deposit of at least $100 a month and type in Promo Code RREC08.

There are no fees with the account, but a $5,000 minimum is needed to open.

E-Loan's online savings account is currently offering a 3.01% APY.

Technorati Tags: , , , ,

Tags: , , , ,

Subscribe to Email Updates

Enter your email address:

Read More Related Posts

Example: %customfield2%

have your say

Add your comment below, or trackback from your own site. Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



« HSBC Direct Drops Online Savings Account to 3.25% APY
» How Government Spending Cuts Will Lead to Job Losses