"Update: WaMu's online savings account has fallen to 4.00%, probably in light of yesterday's announcement by the Fed that more interest rate cuts are on the way in the coming months.
This is still better than the online savings accounts offered by HSBC Direct (3.55%), ING Direct (3.40%), Emigrant Direct (3.60%), and Citibank (3.25%).
eTrade is currently offering a slightly higher rate (4.10%), however."
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