WTDirect Drops Online Savings Rate to 3.06% APY

11.14.08 | Online Savings Accounts | 2 Comments | by junger

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WTDirect has dropped the rate on their online savings account to 3.06% APY, down from 3.31%.

While that's a pretty significant drop, the rate is still pretty competitive with a number of the other accounts out there.

Most of the online banks have been dropping their rates, with HSBC, FNBO and E-Loan all reducing their APYs in the past month.

ING Direct recently lowered its APY to 2.75%. Dollar Savings Direct has stayed at 4.00% APY. FNBO is currently at 3.25% and HSBC is at 3.00%.

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