Emigrant Direct By uaezarb on - Updated Oct 15, 2011
I recommend EmigrantDirect.com. When I signed up I was able to open my account with only $1.00 because there are no minimums. I have not had to pay any hidden fees, penalties or service charge. The account is linked to my personal bank account so that I can transfer money back and forth between accounts. My account is online, so I have acces 24/7 to do my banking. The account is FDIC insured. Right now my American Dream savings account is getting 4.05% annual percentage rate. The rate is flexible, but it is usually one of the highest rates available. I like the flexabilty of being able to keep as much or as little in the account as I want. I was tired of having my money only earn less than 1% in my personal bank account, so I'm glad I switched to Emigrant Direct.
About The Author:
Emigrant Direct American Dream Savings Account Purchased at: EmigrantDirect.com Price: $1.00
I'm in the market for a new bank account, I had never even heard of this place, I'll have to check them out. Thanks!
Sounds like this bank is worth looking into. No hidden fees is a big plus! Thanks!
I have never heard of this company,I will certainly look for them.Thank you :D
Thank you! I am very interested in how these virtual bank accounts works. I have to admit that I am leery of an account that I can not open in a building... but with the interest rates being so much better and with the FDIC insurance I may have to eventually give... Thanks for the info!