The Truth About Swiss Bank Accounts

When you think about Swiss Banks, the first thing that comes to mind is likely Switzerland’s well-known commitment to privacy. The Swiss banks have been getting money from the rich and the filthy-rich since the Middle Ages. These account holders are then known externally only by their account numbers, and only the banks know their true identities.

The primary reason for many people to use Swiss banks in the past was to Read more…

Rebuilding Credit History with Orchard Bank Visa Cards

Looking to reestablish your credit history? Orchard Bank Visa Cards can help you get your credit back on track! Unlike most credit cards, these cards’ primary function is to help rebuild one’s shaky credit history. They do this by reporting MONTHLY to all three major credit bureaus and by taking the initiative to keep you informed of payment due dates with reminder text messages and online payment options.

The Orchard Bank Visa Read more…

Online Savings Account rate changes – March 2009

We are 3 days into March now and have yet another downward trend of online savings account rates. In most cases one or two online savings institutions will drop their rates and within days (or even hours) the rest seem to follow suit. If you can recall, during most of 2006-2008 (until the bank collapse) these same savings accounts were trending upward, following each others pace.

Current Online Savings Rates

E-TRADE Bank 1.95% Read more…

Online Savings Accounts rate drops in 2009

The downward spiral of online savings account rates continues this week with both HSBC bank and ING Direct dropping their interest rates yet again. HSBC dropped it’s rate from 2.45% APY to 2.25% APY while ING Direct now offers the lowest rate with it’s recent drop to 1.85% APY (down from 2.20% APY last week).

As a whole, online savings accounts have seen their interest rates cut by nearly 66% over the Read more…