Savings Accounts

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2.36/5.0(Based on 5 Reviews )

MySavings Account From MySavingsDirect -Magnifymoney Review rating card
Rated 2.36/5 based on 5 customer reviews
$000.00 In stock
Product description: Customer reviews:
MySavings Account From MySavingsDirect - by Cory J, Jan 4, 2017
3/ 5stars
I entered this savings account when it had a hearty 1.15% APY. It promptly dropped to 1.00%, and is now sitting at 0.85% APY. While transfers in/out are fairly easy (normally next business day) and can be done online, the drop in interest rate (financial) has also dropped my interest (intellectual) in this savings account. I realize it was in the fine print that no one ever reads, therefore perfectly within their rights to change the interest rate at any time. But at the same time, I had high hopes it would stay competitive (1.00%+). It did not, which brings me back to the comparison websites to see if I can get a higher interest rate that may STAY high.
MySavings Account From MySavingsDirect - by Bill, Sep 13, 2018
1.5/ 5stars
Not happy that I have to leave my Dollar Savings Direct account and open an account with My Savings Direct to get a higher rate. Dollar Savings Direct and My Savings owned by the same company. Customers should not have to jump through these hoops to get a better rate from the same company. 45 basis points is a lot when you open an account at the maximum. You can bet if another company offers a competitive rate I will dump the My Savings account because of the hassle they caused me. Not happy with The Emigrant Bank! Not putting the customer first lowers what would have been 5 stars to 1 1/2 stars. ”
MySavings Account From MySavingsDirect - by David, Sep 26, 2018
1/ 5stars
I an searching for an online savings account. In the past, I used the parent company Emigrant Direct, who then lowered their rate...so I moved to their Dollar Savings (they even use the same fonts in their ads!)...who then lowered their rates . So I moved to my brink & mortar. Now...when I saw this teaser for My Direct I was quite amused. I will not open with them as I know their game.
MySavings Account From MySavingsDirect - by Tim, Dec 14, 2018
3.8/ 5stars
I opened my account a month or so ago when the interest rate was 2.35% it is now 2.40%. I did this as part of a rework of my entire banking system. I used my old checking account to transfer in funds. My only complaint is I have to wait 3 months before adding another checking account (my new primary checking) for transfers.
MySavings Account From MySavingsDirect - by Joe, Jan 25, 2019
2.7/ 5stars
You have to stay on top of this. They do lower their rates from time to time but then come back strong. Odd, yes, but I have a few accounts that i move money around with to take full advantage of who is offering the best. Their customer service is good and website is easy to use.

MySavings Account from MySavingsDirect

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2.36/5.0

5 Reviews

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