Interesting wrap-up of the high yield savings options over at CNN/Money, which provides exact number on Emigrant Direct:
EmigrantDirect, the online branch of New York-based Emigrant Savings Bank, is trying to beat ING at its own game, offering a 3.5 percent savings yield. The strategy has gained the bank over 100,000 new customers since its launch in mid-2004, with an average deposit of over $30,000, said John Hart, vice chairman of Emigrant Savings Bank. And it’s given the company access to markets outside of the New York metropolitan area.
Meanwhile, if you’re still planning to cash in on Everbank offering 4.50% APY for 3 months, don’t go to the account-specific page, it still doesn’t work, serving JavaScript errors in Firefox, Opera and IE. Go to the bank front page and click Apply Now! link. Make sure you have the pop-up blocker disabled.
