Another Rate-Cut Friday at Ally Bank

I'm afraid it's another rate-cut Friday at Ally Bank. The cuts may not all be due to the pressure from the FDIC. Several other banks continue to cut rates so the interest rate environment is also to blame. The online savings account rate dropped under 2% to 1.95% APY. The money market account rate also fell. It's now 1.70% APY (down from 1.80%). Most of the CD rates were cut. The no-penalty 9-

WTDirect's Online Savings Account Promotion - Nationally Available

WTDirect has started another new-account bonus similar to the promotions it ran last December and last August. As you might expect in this low-interest rate environment, the bonuses are quite a bit lower than what they offered before, but when you combine this new bonus with WTDirect's competitive rates and their online banking features, it's a decent deal in today's environment.Here's the link

Bank of Internet's New Advantage Savings Account with a 2.50% APY - Nationally Available

Bank of Internet USA has launched a new high yield savings account called Advantage Savings Account. As of 7/07/09 it pays 2.50% APY on all balances. The features are very similar to their High Yield Savings Account except that it also provides limited Bill Payment. It allows you to make up to 3 Bill Payments per month. The limit of 3 is likely due to Bill Payments being considered checks, and