DollarSavingsDirect Lowers Rate To 3.05%

Posted February 12, 2009 by Chuck Posted in: Personal Finance

savingsFor the third time in 2 weeks Dollar Savings Direct is lowering their interest rate. This time they are going down to 3.05% APY.

Its been quite a plunge the last few weeks, almost half a point reduction in the rate. I still am holding my cash reserves in this account, but probably one more significant drop and I will seriously be considering transferring. In the meantime I will keep my eye out for the higher rate accounts out there that hopefully are more stable.

Dollar Savings Direct

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