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Bank of Internet Mortgage Reviews, Rates and Products

January 31st, 2011 No Comments   Posted in mortgage rates

Bank of Internet is a bank that functions exactly as it’s brand name would imply. It is a 100% online bank. They have no brick and mortar branches and only accept deposits and hand out mortgages over the phone or through an online application process. Though they are completely virtual, they are still an FDIC insured bank and an Equal Housing Member. They have also received many high marks in stress tests and Read more…

Earn 1.48% APY with the top 1 year CD rates from online banks

October 30th, 2010 No Comments   Posted in Best CD Rates

After a few readers have submitted the top 1 year CD rates in their local regions, we decided to quickly highlight the institution offering the best 1 year CD available to anyone throughout the country. Generally, the banks offering products nationwide are online institutions which can accept funds electronically from any state. And frequently they can provide annual percentage yields above the national average due to the lack of overhead costs Read more…

Bank of Internet’s money market account rate: 1.70% APY

July 23rd, 2009 No Comments   Posted in money market accounts

A couple weeks ago we covered the unusually high interest rate in which Bank of Internet was offering on it’s savings account. What we failed to mention was their very noteworthy money market savings rate as well. While not quite as high as their “advantage savings” (currently yielding 2.50% APY), it still yields a respectable 1.70% APY. The national average for money market rates sits at roughly 1.20% APY so the 1.70% APY offer is a fairly decent one in Read more…

Bank of Internet’s high yield savings account: 2.06% APY

Bank of Internet has a pretty solid deal on their high yield online savings account which is available to customers nationwide. Currently their online savings account is yielding an APY of 2.06% with absolutely no fees or balance requirements.

This rate offered by Bank of Internet currently tops the rates offered by the once high yielding online savings accounts of etrade, IngDirect and HSBC. The Bank of Internet is located in Southern California and is Read more…