Breeze Online Banking
August 25, 2010 by · Leave a Comment
Breeze is an online banking platform that was created by the Standard Chartered Bank. Standard Chartered Breeze is an innovative and revolutionary new way to do banking from a virtual perspective. Banking is about money after all and Breeze allows its users to manage their money like they have never managed it before!
Breeze offers the flexibility that goes along with customizing the way you see your money over the internet, as well as how you move it and how you manage it (i.e. keep track of it). Breeze Online makes sure that you are the one who is in the driver’s seat of your own money. If you want to be in control of what is taking place in your bank account then Breeze is right for you! What is wonderful about Breeze as well is that comes in a language that you are sure to understand.
Breeze is a new generation online banking platform. It is out with the old and in with the Breeze! Developed in Singapore by the Standard Chartered Bank, Breeze will be available as an internet application in the very near future- think September 2010. It will be available at first only in Singapore and Malaysia but will be introduced in India and Hong Kong very soon after that. From there the rest of the world will come to know all that Breeze Mobile Banking from Stan Chart has to offer.
Breeze offers the first of its kind e-cheque or e-cheque application. What this means is that you can go online and sign a cheque. Then all you have to do is wait for the physical version of the cheque to be mailed to you. What could be simpler than that?
Breeze uses an intuitive interface that is easy to navigate. It also uses plain language that is … well, as plain as it needs to be! Examples of this include See, Move and Manage Your Money. Upon visiting the Breeze by Standard Chartered Bank website you will see what we mean.
Breeze is a wonderful way to improve the way that banking is conducted on a regular basis. It takes banking to a whole new level. It is mobile banking, internet banking and online banking but it is more than that. It is banking gone wild, but in a creative and advanced way!
If you are someone who likes to customize your icons then you can do this with Breeze. There is also a wish list function that makes it possible for you to consistently save for whatever it is that is on your wish list, be it a trip, a car, a new television, a new wardrobe or some new bedroom or living room furniture.
There are so many good points about Breeze that we could take all day to talk about it. Breeze offers reminders. This is an excellent feature because it means that you will never have to worry about missing a bill payment. It does not use a “dongle” for security purposes but instead what it will do is send an extra password to your phone by way of SMS. What more could you ask for from an online banking platform?
Grand Yield Direct Online Savings Account Rates
March 23, 2010 by · Leave a Comment
Grand Yield Direct is the online consumer products service provided by Apple Bank for Savings. They are a New York centered charter savings bank that was founded in 1863. In that time they have provided continuous and great service for their customers,even being given a superior rating by Bauer Financial for 10 consecutive years. Apple Bank for Savings is currently the third largest savings bank in the country, so you know that your money will be safe with their online branch.
When online banking hit a major boom recently they expanded their service with Grand Yield Direct to handle their online bank accounts. When considering interest rates the Grand Yield Direct online savings account rates are definitely high on the list.
The current interest rate for online savings is a 1.25% annual percentage yield. This is among the highest interest rates available and with a secure company as well. In order to earn this interest rate you must maintain a balance of at least $1.00.
When you initially open the account there is a $2,500 balance requirement, but there is no minimum balance once the account is open. You also need not worry about finding any hidden costs like maintenance charges or penalties that will prevent you from earning the most interest you can.
Like any online savings account your money is very flexible and liquid, so that you have access to it any time you wish. You can make transfers from other Grand Yield Direct account or external accounts as well. There are limits for the amount in transfers you can make.
You can make $25,000 in transfers in a single day and $75,000 within a 30-day period without incurring fees. Another huge benefit you get with this savings account is that the interest is compounded daily. Unlike most account where the interest is based on your average balance for the month, this account calculates the interest for each day.
This will earn you more in interest and maximize your savings account potential. However, you should note that in order to have online access to your account, you will need to sign up for online banking at no cost to you.
Citizens Trust Bank Online Savings Account Rates
March 9, 2010 by · Leave a Comment
Since 1921 Citizens Trust Bank has proven themselves to be a substantial force in the financial services industry. Ever since their founding they have made it a company mission to provide economic empowerment to the communities they serve. One of the many ways they do this is with their online savings accounts.
While their physical branch locations are in the Atlanta area, this should not necessarily dissuade outside customers from considering an online account. There are always ATMs that you can use and the Citizens Trust Bank online savings account rates are ones that should be considered carefully. However it is important to note that if you want a signature card then you will need to so to their offices to sign it, and they can always request that you come in for photocopies of your identification, and the application online will only accept applicants from Georgia and Alabama.
Citizens Trust Bank has two types of online savings account, though they both earn the same annual interest rate. The current interest rate being offered by the financial institution is a 0.30% as on 03/02/10. Of course, as with any interest rate it is subject to change at any time. While the interest rate is the same, the biggest difference in the two accounts is the minimum needed to open the account and the minimum balance needed to obtain the stated interest rate.
The regular savings account requires a $100.00 deposit to open the account and you must maintain the same minimum balance in order to earn any interest on the account. The future savings account only requires a minimum opening deposit of $10.00 and the balance must stay at $5.00 or more in order to earn interest.
The future savings is more an account that is directed toward helping students or children learn how to save money since they have the lower threshold for minimum balances. With either account you will forfeit any interest if your balance falls below the minimum, so the lower threshold makes it perfect for children. The application is easy enough, asking for your identification information and what kind of account you would like. Then simply hit submit and you are on your way.
ING Direct Online Savings Account Rates
February 28, 2010 by · Leave a Comment
Certainly not one of the most established banks for online savings accounts, ING has only been around since 2000, but in that time they have been able to establish a very good reputation with their customers. Most consumers who have an ING Direct online savings account report that they have never had a problem with the bank and have nothing but good things to say about it. So while they may not have won awards that other banks offering online savings accounts have, they are definitely worth considering.
ING Direct offers two different rates for their two separate online savings accounts. The first account, Orange Savings Account, is typically offered to consumers that don’t have many thousands of dollars to put into savings and has an annual percentage yield of 1.20%. The second account, the Electric Orange Savings Account, is best suited for those consumers who do have a large savings balance to deposit and will return a 1.45%. With most banks lowering the rates offered for their online savings accounts these rates are very good even if they may lower slightly they will still be good.
There are no minimum deposit amounts for opening up either of these accounts, which makes them easily accessible to anyone who is interested. Another great advantage you have is that there are no fees for transferring money between your online savings account and any other accounts you have, even if they are with other banks. That is not to say that those other banks won’t charge you a fee, but ING Direct certainly will not. Transferring money is very easy and can be done online, over the phone, or with a customer representative in person. Usually transfers are completed in 2 to 3 business days, which makes it very easy to get access to your money.
You can also easily link your ING Direct online savings account to any checking account that you wish. Of course all ING Direct accounts are automatically linked for you, but you can choose any 3 checking accounts with other institutions that you wish. And you can bank safely with ING Direct since they are FDIC insured, making it a very safe place to keep your money
HSBC Direct Online Savings Account Rates
February 25, 2010 by · Leave a Comment
Investors flock to liquid accounts like online savings accounts for a number of reasons, but one of them is stability and security for their money. HSBC Direct is the online arm of HSBC, which is the fourth largest bank in the world and is consistently one of the most profitable.
For this reason HSBC Direct is able to offer among the best interest rates for their online savings accounts. Their current interest rate is at 1.35%. While this may seem low considering the much high rates of the past few years, it is nearly impossible to find many rates that approach 2% in the past year or so. And if you do, there are likely to be a lot of restrictions on the account or a lot of fees involved. Given the current economic climate 1.35% is a very good rate for an online savings account and the other benefits you get are unbeatable.
One of the greatest benefits of an HSBC Direct online savings account is that there is no minimum balance requirement. This is rare for any savings account that accrues interest and even rarer for an online savings account. Add to this that there are absolutely no fees for this account and you have a true gem of an online savings account. You can transfer as much money as you like and not incur any fees or any fees no matter how often you use the ATM.
You can also link your HSBC Direct online savings account to any other accounts you have with HSBC Direct or the main branch of the bank. All of them will be available to you with Easy View. This allows you to have one login name and a single password to have access to your account. With this view you can view you accounts and manage them all online. This way your online savings account, loan, mortgage, and credit card will never get forgotten because they are all right there. These are just a few things that set the HSBC Direct online savings account rates apart from others in the industry.
Capital One Online Savings Account Rates
December 30, 2009 by · Leave a Comment
Banks are eagerly competing in this economy to earn your business and some of them are offering high interest rates to entice you, especially online. It will be a long time before we see rates as high as 5% as we did in the fall of 2008, and most traditional banks are offering and average of .25% APY for their savings accounts. But a handful of financial institutions are offering much higher than that for an online savings account rates at Capital One is one of them.
Capital One is offering 1.60% Annual Percentage Yield on their InterestPlus Online Savings Account. This account does have a minimum deposit requirement to achieve all the interest benefits, but if you can maintain the requirement minimums, the details are great. You will earn 1.60% APY with a minimum of $2,500 in your account. You also receive an extra 10% of your interest every quarter if you have at least $15,000 on deposit or use a Capital One credit card at least one time during each month.
This is one of the best high yield interest savings accounts available among the top national banks. Your money is FDIC insured and Capital One is a stable, secure company with $100 billion in deposits and 50 million customers. There are no monthly fees for the account. You get free, easy online transfers and they offer electronic statements for their customers who want to “Go Green” and are environmentally conscious. There is a limit of 6 withdrawals per month. The Capital One website has great rate calculators and earnings tools that will show you the benefits of their higher interest rates.
Opening the account is easy. Log onto the website and give your personal information. Indicate what type of account you need and whether you will need beneficiaries or joint owners. Then indicate how you will make your deposit, either electronically or by sending a check. You will get your packet in 10 days and can make simple online withdrawals/transfers to your personal checking account at any other bank if needed.
We, as consumers, should all have money in savings. It is important to have money set aside for emergencies and long-term goals. Banking online is safe if you do your research and check out the bank you are working with. The rates offered for online savings accounts are sufficiently above the traditional offerings and you should check them out, it’s a great decision for your future.
American Express Bank Online Savings Account Rates
December 30, 2009 by · Leave a Comment
One of the best money tools you can use in this economy is a high interest online savings account. There are many choices at several different banks. I have found that American Express Bank, FSB, offers one of the highest rates available at 1.50% APY effective as of December 17, 2009. The interest is compounded daily and paid every month which means your savings will grow faster than at many other banks that pay quarterly or yearly.
You don’t need to have a credit card with AMEX to qualify for this personal online account. The application is done online. Your deposits are made electronically and you can also use direct deposit from all or a portion of your paychecks or other income. You can make withdrawals 6 times a month without incurring fees. There are no penalties for closing this high-yield online savings account like there would be with a Certificate of Deposit which traditionally comes with a maturity date. Online transfers are made easy so you have access to your funds when needed.
Unlike many other online savings accounts, AMEX Bank does not require a minimum balance and they charge no monthly fees. Your account starts earning interest as soon as the first deposit is verified. There are two ways to make your deposits. First, you can deposit electronically by providing the routing and account numbers at your external bank. They will make trial deposits which you will need to verify for your protection. Second, following the set up of your high-yield savings account you can mail a check payable to American Express Bank for the amount you want to deposit. The maximum electronic transfer amount is $250,000 per day.
American Express Bank, FSB is FDIC-insured. They are a member of the American Express family. One of their goals with this personal account offering is to get to know more customers. Although they have no traditional branches available they do offer 24/7 access to your account by internet or phone and offer many other products at their website including CD’s. You can start earning money without ever leaving your home.
The following items are all you need to open your savings account online with AMEX: name, address, phone number, email address, birth date, social security number and existing bank account information. If you plan to open a joint account, you will need this information for both account holders. You can also add up to 6 beneficiaries on your account using the online system which can give you peace of mind.
Customers are always searching for ways to keep their money safe and earn high interest on their savings. American Express is a trusted name and their high yield online savings account is a great one to check out.
