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Old 04-06-2007, 01:19 AM
tribefan9 tribefan9 is offline
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Join Date: May 2004
Posts: 442
Default Re: High Yield Savings accounts revisited

[ QUOTE ]
Countrywide offers 5.4% on large balances.

[/ QUOTE ]

Be sure to read the fine print in the offers that require a large balance. Sometimes only the amount over the minimum will receive the special rate. If this is the case, you could probably earn more elsewhere if you are not putting in significantly more than the 60k.

I do not know if Countrywide operates this way, my advice is just a general warning. Some banks will pay the higher rate on the entire balance as long as you have the required amount in the account.
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