May 27th, 2008
Internet Savings Accounts
I’ve been looking into internet banks lately. I’ve had enough of big local banks. Lousy rates and high fees - why stick with them? It’s time for a change, so I’m going to try something new. 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 poked around the net, and settled on Wilmington Trust Direct as the best option out there. They pay great rates, and don’t charge those ridiculous fees. 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. More people should check out internet banks instead of big banks.