Online Savings Accounts? - Mothering Forums

 
Thread Tools
#1 of 3 Old 03-06-2011, 06:19 AM - Thread Starter
 
taubel's Avatar
 
Join Date: Jun 2007
Posts: 328
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)

We have an emergency fund and some other money that we're saving up to buy a larger house in the next year or two. This totals over $20K. Currently we have this at our local credit union, in some sort of money market account. I think it earns .5%.

 

We then have another $3 or $4K that we keep in a regular savings for unexpected expenses and home repairs. Our monthly budget usually has only $100 to $300 left over, so we do end up using this money pretty often.

 

So we do need some money we can access immediately, but maybe the 20K could be kept in some sort of online savings account? I'd like to earn a bit more interest, if possible. Any suggestions?

 

Thanks!

taubel is offline  
Sponsored Links
Advertisement
 
#2 of 3 Old 03-06-2011, 06:40 AM
 
HSMOM3's Avatar
 
Join Date: Nov 2009
Posts: 51
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We use ingdirect.com. The interest on their savings is only 1% right now but it's better than the .5% you are getting now. I don't think any of the online banks have any better rates right now. greensad.gif
HSMOM3 is offline  
#3 of 3 Old 03-06-2011, 08:02 AM
 
beansmama's Avatar
 
Join Date: Aug 2007
Posts: 1,169
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)

We're with ING, too.

 

1ish% is about as good as it gets right now...sorry. I'm SO missing the 5% interest days...

beansmama is offline  
Reply


User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Online Users: 10,344

55 members and 10,289 guests
Amberline , AR Chu MA Chow , Arduinna , AshleeSheree , beedub , coconotcoco , CricketVS , DahliaRW , Deborah , eatpost05 , emmy526 , Greg B , happy-mama , Janeen0225 , Jazzy8000 , Jenna5591 , joandsarah77 , justmama , keepingFAITH , lansdale2 , LibraSun , lilmissgiggles , lisak1234 , MDoc , Mirzam , moominmamma , Mylie , NaturallyKait , newmamalizzy , petey44 , rabbitmomma , RollerCoasterMama , Saladd , sandyh71 , Sarahnwright , sarrahlnorris , shantimama , Shmootzi , Skippy918 , Smella , Socks , Springshowers , sren , stellanyc , stephalittle , SweetSilver , tifga , transpecos , Wild Lupine , Xerxella , zoeyzoo
Most users ever online was 449,755, 06-25-2014 at 12:21 PM.