I’ve had a few e-mails asking me how many money market rates are worth investing in when you only have a small amount such as $100.

Well, here’s the list as of August 26, 2008 –

Corus Bank - 4.00% APY - $100 minimum

Flagstar Bank - 3.65% APY - $1 minimum

OnBank - 3.50% APY - $1 minimum

Bank of Internet - 3.46% - $100 minimum

All of the banks mentioned above continue to show on the top ten money market rates.  If you’d like more information on the banks, click on the link.

WTDirect is offering one of the best deals I’ve seen in a long time.  Now until September 5th, you can get up to $250 in bonuses and it’s quite simple!  Here are the details –

Customers will receive a bonus depending on their deposit.  You must keep that balance for at least 60 days.  Here are the rates:

Deposit and balance for 60 days             Bonus

$10,000                                                      $100

$15,000                                                      $150

$20,000                                                      $200

$25,000                                                      $250

Make sure that you use promo code “WTF3SOB” when applying.  WTDirect is FDIC insured and as of August 23, 2008, their money market rate is 3.31% APY on accounts over $10,000.

Apply for a WTDirect money market account now!

Open up an Electric Orange Account with ING Direct and you can receive a $25 bonus. 

Here’s how you do it –

1. Open up an electric account (if you haven’t done so already)
2. Activate your Electric Orange MasterCard
3. Make at least 3 signature based transactions in the first 45 days.

After the 50 days, you’ll see the $25 pop up in your account if you follow all of the guidelines.

Here are the current Orange rates as of 8/19/2008:

• Under $50,000 — 1.75% APY
• $50,000 to $100,00 — 3.20% APY
• over $100,000 — 3.40% APY

To sign up or check the deal out, visit the bonus page.

Last month, we started an IndyMac vent and promised someone $100.  We picked a comment at random and the winner is… Sheryl!  Congrats!  We’re going to contact you via e-mail to give you more information no how you can get your cash.

To look at that old post, see it here.

If you want more contests to come in the future, be sure to let us know!

If you’re in the hunt for a very reasonable savings account that gives you a top ten rate, you may want to look into Washington Mutual’s Savings Account.

Here’s what you get with the account (Keep in mind you will need to open up a checking account as well) –

• No fees
• Top Ten Rate
• Waived Fees
• FDIC Insurance

Washington Mutual is a very reputable bank and I’ve heard nothing but good things about this bank.  If you want a great checking and savings account, I highly recommend you give it a look.  It only requires $1 to open up an account!  Sign up today.