07 Feb
Fantastic Savings Opportunity for your Family
Etrade offers more than just an online brokerage account. They also offer a fantastic 4.4% APY savings account with no minimum balance. Its an online savings account, so you electronically transfer money in and out of the account. However, transfers are free (maximum 6 per month) and it only takes a dollar to open the account up.
I’ve had a Etrade savings account for over a year and I have found it to be a great place to put emergency savings funds. You receive interest payments monthly and it is FDIC insured so it is a no-risk account. Plus, it offers greater flexibility than a Certificate of Deposit. Tranfers to another bank take about a day, but transfers to other Etrade accounts are instant.
