E-Trade Complete Savings Account Falls to 3.01% APY

12.18.08 | Online Savings Accounts | 0 Comments | by junger

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E-Trade, whose complete savings account had been sitting at a nice 3.30% APY, is falling to 3.01%.

The bank directly relates the drop to the recent Fed rate cut, which will surely lead to other rate drops.

E-Trade's rate will be dropping at the end of the day, Friday 12/19/08.

If you're looking to jump ship,  check out ING Direct at 2.75%, FNBO at 3.25%, WTDirect at 3.06% and HSBC at 3.00%. Dollar Savings Direct is currently king at 4.00%.

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