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Emigrant Savings/Banking
I've been researching "higher" interest savings accounts because my crappy WAMU one gets less than 1% interest.
I saw a news report that featured an online-only savings account/bank through Emigrant Banking. Says there are no fees or minimums and I don't think news stations would endorse if it wasn't trustworthy.
You can get 3.5% interest on the money you put in the account.
I guess I'm just trying to figure out if 1) it's a safe banking franchise and 2) if it's worth it.
Everything else I researched either required a $1000-$10,000 minimum for either around that rate or slightly higher.
Or if anyone else has any suggestions for high interest savings options.
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