E Loan Savings Account
E Loan is advertising two different savings accounts that have tiered interest rates. E-Loan’s savings accounts includes a Standard Savings Account and a Savings Plus Savings Account. E-Loan’s Standard Plus savings account rates are slightly higher than their Standard savings account rates.
To quality for the higher savings rates on the Plus savings account you have to make regular monthly deposits of at least $100 to qualify for the rate and yield. The current Plus rate is 0.05 percent higher than the regular rate.
E-Loan's rates are tiered so of course the best savings rate is on their Plus account with balances of $100,000 or more. The current Plus rate on the "jumbo savings" is 0.80 percent with a yield of 0.80 percent.
Savings Account Rates E-Loan
Standard Savings Rates
Plus Savings Rates
While E-loan's online savings rates are not the best rates around they are competitive considering how low interest rates are these days.
RatesORama.com Average Mortgage Rates