E-trade Complete Savings with 5% APR
An E-trade Complete Savings account has an APR of 5%. That’s practically a CD rate right now. A typical money market account is probably 3% to 4%. One percent of $5,000 (a typical money market account’s minimum balance) is $50. That’s fifty more dollars a year in interest. If you are considering keeping your savings in one bank and checking at another, the thing to remember is how much electronic transfer (ACH) you can make daily or monthly. My banks limit is $5,000 daily and $25,000 monthly. Like any savings account you are limited to
E-trade is running a promotion on their savings accounts $25 bonus on new accounts with a deposit of $1.
