Savings Rate Shootout – May 07

I haven’t updated my savings rate charts for a few months. Not much has changed but here is the updated list:

Bank APY
Emigrant Direct 5.05%
HSBC Direct 5.05%
Amboy Direct 5.05% (drop from 5.25)
Presidential 5.25% (upto $35000), 3.00% (above $35000)
E-Loan 5.25% (drop from 5.5%) (minimum $5000)
Grand Yield Direct (Apple Bank) 5.27% (up from 5.25%)
UFB Direct 5.31% (up from 5.28%)

Also in case you are interested – Citibank is offering 50$ to open a savings account with 4.65% APY

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