Tuesday, December 2, 2008

Response to Dan

Hey Dan,
First of all, when it comes to responding to posts, I don't know what would be easier: Responding with an entirely new post? Or Responding in the comments section? I'll post in both and see which one is more convient. Cause if we all respond with an new post it would end up pushing your original post out of sight. Anyways...

I have my checking and savings account with BofA. However, I decided to open JUST a savings a account with Capital One Online Banking. There is no extra fee, it's very easy to sign up, and their interest rate starts at 2.79%, I believe, and goes up with the amount of money saved. I believe at $5k saved it jumps to 3.99%. It's pretty decent and you can automatically transfer funds, free of charge, between your current bank and Capital One. I'd check it out just to see if it's something for you. They will give you the breakdown of the interest rates and such as well before you sign up.
 It's been working well for me so far, and whenever I need cash I just transfer it back to my regular checking account. Those are my two cents. Hope it helps. And stay warm in Boston. Cheers.

2 comments:

Dan Dai said...

i think posting this to the comments section would make more sense-- otherwise the mainpage of the blog will be cluttered up with responses to the original articles.

Brian said...

I agree with Dan, it looks like comments are getting hot now.