E Loan is offering a $25 bonus for opening their Savings Plus online account. To get the $25 you must use the promotion code "plus25" on the application and submitted before to December 18th, 2008. You must also deposit a minimum of $100 into the account and keep at least that balance for at least 60 days. That's a pretty low requirement.
Savings Plus accounts come with an interesting condition though. You must contribute a regular minimum amount each month in order to receive their highest rates. The minimum contribution is $100.
The rates on the Savings Plus account are pretty competitive. For balances between 10,000 and 24,999, the APY is 3.35%. The more money you deposit, the more you'll earn.
$100,000 or Greater 3.85% $50,000 to $99,999.99 3.75% $25,000 to $49,999.99 3.51%$10,000 to $24,999.99
These rates compare to a top rate on the BestCashCow savings and money market rate table of 4% APY and a balance requirement of $1.
E-Loan is owned by Banco Popular North America and has a Bauer rating of 3 out of 5 stars. As with any bank, we advise you keep your deposit amount under FDIC limits.
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