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?
Presidential Online Bank Online Savings Account Rates
March 19, 2010 by · Leave a Comment
Presidential Online Bank has been in operation since 1995 and boast that they are the first online bank to exist. But that is just the online portion of the bank since the main branch of Presidential Bank was started in 1985.
The main branch of the bank operates out of Maryland however the online branch expands beyond the state with customers all over the country. Because online banks have lower operating costs they can offer much more competitive interest rates.
Currently the Presidential Online Bank online savings account rates are at a 1.25%. This rate places the bank right in the midst of the pack for online savings accounts and should definitely be considered. The account does require a minimum deposit of $5,000 to open the account, but there is no minimum balance once it’s open.
There are also no fees associated with the account, which will save you money in the long run. Keep in mind that the 1.25% APY is only for balances up to $35,000. Anything over that amount will earn a 0.75% APY, which is still a very competitive rate.
Another tool that you have with a Presidential Online Bank savings account is 24/7 access to your account. Not only can you get online access to your account at any time but also you can call the bank’s customer service number anytime as well. No matter what you need to do, you can do it any time that is convenient for you.
You do get statements for the account in the mail, but Presidential Online Bank will also keep an archive of these statements online as well. These online archives also include images of checks and deposit items. Anytime you make a deposit you can get confirmation by email, which is especially useful if you have an automatic deposit set up on the account.
That way you don’t have to check to see if it went through alright, you will get an email confirming that everything is fine. All of these benefits and the competitive rates make Presidential Online Bank a worthy consideration.
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.
E-Loan Online Savings Account Rates
February 24, 2010 by · Leave a Comment
E-Loan is a subsidiary bank of Banco Popular North America, which is a New York chartered bank that has FDIC insurance. It is a very large national bank that holds over $12 billion in assets. E-Loan is the branch of the larger bank that handles most of their online savings accounts and their associated rates. Because of the online nature of their business they have less paperwork for you to fill out and the strictest privacy policy in the banking industry.
When you are looking for the rates on an E-Loan online savings account, you will typically run across two different rates. The first is the rate for the basic online savings account. This account requires a $10,000 minimum balance and had an annual interest yield of 1.1%, as of February 12th 2010.
This rate does fluctuate with the market so the current rate that is being offered could be higher or lower. If the balance falls below the minimum then you may not be eligible to earn interest or there may be fees associated with the account until it is brought back to the minimum balance. There are typically very few fees with E-Loan online savings account, but all of the fees will be disclosed to you before you open the account.
E-Loan also recently began offering an online savings CD account that has a significantly higher interest rate of 5.5%. While this is a very lofty interest rate, you should note that this is typically only offered as an introductory rate that usually drops to around 2.6% annual percentage yield. This is higher than the traditional online savings account and has the same $10,000 minimum balance.
There are also no fees associated with the online CD savings account, even inactivity or low balance fees. However, there are a few drawbacks to the CD account over the savings account. First is that if the balance falls below $500 for more than 90 days the banks reserves the right to close the account.
Also, you typically have less access to your money with this kind of account and may lose the high interest rate for debiting the account too often. Weigh both of these options carefully before deciding which E-Loan online savings account rates is right for you.
