Regarding High Yield Online Savings

August 30th, 2008 | by admin |

I’ve been banking at Wells Fargo for years, but I’m fed up with the lousy rates they pay for their deposit accounts. I’ve decided to look into online banking instead. There are much better deals to be had there, I’m particularly fed up with earning .5% interest for the privilege of lending my money to the bank. Enough is enough. Especially in light of the sorts of rates the same banks charge you when they lend you money. I’ve been checking out WTDirect.com. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. Who cares if the big banks have more ATMs when they will refund your ATM fees from any other Bank? Now I can use any ATM in town. In fact, I think most people would be better off switching to an online bank. I’ll post more soon.

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