In November, we reported that Dollar Savings Direct had lowered its online savings rate. It appears that the rate has dropped again to 1.50% APY from 1.60%.
However, the specifics of the account haven’t changed:
- 24/7 access to your account online
- No monthly fees
- The ability to link to your current checking account
In order to open an account, you must have a personal checking account, live at a legal U.S. address, have a social security number and be 18 or older.
The account requires a minimum deposit of $1,000 to open. Apply online.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
