August 15th, 2008
Regarding Online Savings Accounts
You know, I’m sick and tired of getting a lousy rate on my savings. I’ve decided to check out online savings accounts. It’s plain to me that most of the options there are a much better deal than I’ve been getting. It’s your money, after all, and the banks make money off it just by virtue of having it. It hardly seems right that they would nickel and dime you to death with fees on top of it. 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. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. In fact, I think most people would be better off switching to an online bank. Please comment and let me know what you think.