Dollar Savings Direct Drops Rate to 3.50% APY
Category: Savings Account Rates- gotalkmoney.com- 10:25 am/ January 23, 2009Well, we all knew that Dollar Savings Direct couldn’t keep their rate at 4% for long when other banks were dropping their rate well below that value.
Today, Dollar Savings Direct dropped their rate from a 4% APY to 3.50% APY but don’t worry because this is still the best rate on the market as of today (1/23/2009)
If you’re unfamiliar with Dollar Savings Direct, it’s a division of Emigrant Bank and is FDIC insured (cert #12054)
Here’s what you get with a Dollar Savings Direct account –
- No fees.
- $1,000 minimum balance.
- Can keep your current checking account.
Not only that, DSA is also offering some decent CD rates as well. You can grab a 3.25% 16 month CD. In order to open it, you have to have a Dollar Savings Account.
For more information on all of this, visit DollarSavingsDirect.com.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.60 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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