Wednesday, September 27, 2006

E-LOAN Savings Account Update 5.50% APY

Here is the response I got from E-LOAN:

"Thank you for contacting E-LOAN. In response to your question there are no fees
associated with our savings accounts. Upon verification of funds in your
account you will be able to make unlimited deposits and up to six withdrawals of
any amount in every calendar month. However, your interest rate will vary to
reflect current balance of the account. We do require that you maintain a
balance of at least $500 or your savings account will be subject to closure.

We do not do a credit check for savings accounts. Your social security number
will be used for identification purposes only.

If we can be of any further assistance please reply to this e-mail or call us at
(866) 576-7283. Thank you. "

Important Things To Note:
  • Min deposit of $500 required otherwise your account maybe closed.
  • No hard credit pull!
  • Interest varies - by how much? I will call them and get more information.

No comments: