Etrade Financial Review

I opened up a Complete Savings Account with Etrade Financial earlier this year.  After doing some online research looking at interest rates, customer service, and account holder feedback, Etrade Financial repeatedly came out on top.

The Etrade Financial Complete Savings Account is currently earning a 3.30% Annual Percentage Yield (APY).  This is much higher than any of my local banks, and is also higher than other online banks. 

Some of the benefits of the Etrade Financial Complete Savings Account are:

Only a $1 minimum deposit to open an account.

No minimum balance required and no account fees.

Easy online account access and transferring is easy with their Quick Transfer option.

My experience with Etrade Financial has been great.  The only "work" that I had to do was to sign and return a form that was mailed to my home shortly after opening up my account.  

Etrade Financial does not send out excessive emails.  In fact, I don't believe that I've received any emails since I opened my account.  That could be a negative for some people who like to receive account reminders, but I enjoy keeping my inbox clean.  Earned interest is posted on the last day of the month, so it's easy for me to keep tabs on my account without needing an email reminder.

In addition to savings accounts, Etrade Financial also offers several other products and services including checking, CD's and money market accounts, brokerage accounts (stock, bonds, mutual funds), IRA's, education savings plans, and a VISA credit card.   

I highly recommend the Etrade Financial Complete Savings Account to anyone who is comfortable with online banking and who is looking to find a good interest rate.