The sign-up period for getting a $25 bonus when opening an E*TRADE Complete Savings Account ends on October 31st. Since the referral email can take up to a week to send out, this is really your last chance. If you’re interested, contact me, and leave the email address you want the referral email sent to.
One note: since they started this promotion, E*TRADE has dropped the rate on this account down to 4.7%. This isn’t something to worry about – many banks have done this since the Fed rate adjustment. 4.7% is still a really, really good rate on a savings account, considering the nation average is something like .25% (yes, POINT 25 percent, not 2 point 5 percent!).
You can also just leave a comment on this entry saying you want a referral – just make sure you use the email address you want the referral sent to!
you are crazy to open an account with etrade. it’s no big surprise they will bait and switch you, as you have already noticed (“One note: since they started this promotion, E*TRADE has dropped the rate on this account down to 4.7%.”).
Batman22: I read the link you posted, and I agree – I would have switched brokerages if that happened to me, as well.
But that isn’t the case with E*TRADE’s savings account. I’ve had this account since February, and have no incurred a single fee with it.
And the rate drop is not a case of “bait-and-switch” – nearly all online savings accounts have dropped their rates in the last few months because of the Fed dropping the national rate back in September.