Being Citybroke is about perspective. It’s about seeing glitter in the gutter and a sense of humor when life is giving you everything you don’t exactly want and you’re hanging on for a dream that you sometimes can’t remember.
It’s not sales or survival - it’s an electronic letter from the trenches. It’s what suits who make $60K in at age 24 can’t even imagine. It’s Freedom. It’s Poverty. It’s Broken. It’s Beautiful.

Wednesday, December 3, 2008

E*Trade is Awesome

I need to save cash.  But when I run low in my checking I just dip my dirty hands right into savings.  So I've decided to open an online banking account.  I'm not sure why I didn't do this before because so far it's pretty awesome. Right now I'm earning .1% (WTF!) interest in my Chase money market account (aka savings).  E*Trade Complete Savings (my choice of online savings) is offering a whopping 3.3%.  That is basically CD interest rates!  All you have to do is go to E*, sign up for an account and deposit at least $1, maximum $100 (for a day or two).  You have no minimum or fees, and free online transfers from any account.  In about 5-7 (which I'm still waiting on) you have your account.  Simple!  And you'll be earning WAY more money (33% to be exact), and it's a bit harder to get to when you really need to buy that new winter coat instead of X-mas presents for the fam (oops).  

And while your on E*Trade's site check out their checking accounts (offering 2.9% yield right now, as well as ATM refunds on any ATM when you get a debit card--hollar). You can also watch the cute baby TV ads.

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