Online Savings Accounts? - Mothering Forums

Forum Jump: 
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?



taubel is offline  
#2 of 3 Old 03-06-2011, 06:40 AM
HSMOM3's Avatar
Join Date: Nov 2009
Posts: 58
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
We use 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: 1,208
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  

Quick Reply
Drag and Drop File Upload
Drag files here to attach!
Upload Progress: 0

Register Now

In order to be able to post messages on the Mothering Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Please enter a password for your user account. Note that passwords are case-sensitive.
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:


Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.

User Tag List

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

Forum Jump: 

Posting Rules  
You may post new threads
You may 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