Comments on: Evantage Bank’s High Interest Money Market Account

By: CB

CB — Thu, 23 Apr 2009 02:15:01 +0000

Told ya. Less than 20 days

By: BankVibe

BankVibe — Thu, 23 Apr 2009 01:37:58 +0000

Wow that is a hefty rate drop. 3.10 to 2.00! Thanks for bringing this to our attention. Looks like it was a teaser after all…

By: JFK

JFK — Thu, 23 Apr 2009 00:22:32 +0000

Interesting their websites still show 3.10%.
The new rate is 2.00% effective 5/5/09

By: JFK

JFK — Thu, 23 Apr 2009 00:18:27 +0000

They did announce a rate drop via email!

By: BankVibe

BankVibe — Wed, 22 Apr 2009 19:40:35 +0000

Thanks for sharing your experience JFK! Maybe they were stalling your account so they could drop the rates… if CB’s assumption is correct…

By: JFK

JFK — Wed, 22 Apr 2009 19:18:13 +0000

Trying to open an account here was a disaster. After completing online and doing trail deposits, the account was still “under review”. After a week I called them and now I’m told they need a copy of drivers license and it will be another 2-3 business days after that before it can be opened.
That would make it two weeks. I decided to go elsewhere and told them to cancel my application. A good rate is not worth the cost of speed!

By: CB

CB — Sat, 18 Apr 2009 19:25:21 +0000

Just another teaser rate…

just like:

redneck bank
darby direct
etc etc etc

if this APY stays at 3.10 for 20 days Ill be impressed