Emigrant Savings Bank

Pros: high interest rate, fairly easy sign up process, 2-3 day transaction times, open interface
Cons: few savings options, less security features than ING

I have to confess, the only reason I opened an Emigrant Direct savings account was because I saw an ad on the Yahoo.com home page. I was happy with my I NG Direct online account and was about to open a second one when I ...

Pros: Basically, everything is very good... except for the thing that matters most: their interest rate!
Cons: Emigrant's "American_Dream_Savings" account's rate is no longer even remotely competitive with what some banks offer.

Just because I'm a Kansas Citian doesn't mean I was ever loath to bank in "New York City" (around which, presumably, the huge and well-known Emigrant Bank has been based since its founding in 1850). Until recently, my experience with Emigrant (via its ...

Pros: Consistently offering some of the highest interest rates available.
Cons: Web site could be improved.

If you're looking for a bank with some of the highest interest rates available, Emigrant Savings Bank may be just what you're looking for. Emigrant Savings Bank is a bank that has been in business for quite a long time having been ...

Pros: One of the best interest rates around.
Cons: No referral bonus.

Although the amount of ridiculous comments posted time and time again on my ING Direct Orange Savings Account Epinion asking me to open an account so someone else could get a referral bonus could have been simply enough to draw me away from ING, it was ...

Pros: No minimums, no fees, free transfers, easy external bank linking, 4.75% yield.
Cons: No brick and mortar branches except in New York.

COMPANY OVERVIEW Emigrant Bank has been around since 1850, so they are likely here to stay. Since they began the online savings accounts, they have consistently been one of the top yielding accounts in terms of APR. The company's website is ...

Pros: One of the highest rates in the industry for a savings account. That's about it.
Cons: Lengthy application process. Poor website interface. Poor account features.

Emigrant Savings Bank has introduced their online services. The savings product is called the American Dream Savings Account. The interest rate as of the date of this review is 3.25% which among the highest currently available. The application ...

Pros: 4% APY is the best available anywhere
Cons: Absolutely no customer service, haven't been able to finish setting up account

I attempted to open an Emigrant Direct American Dream Savings account after hearing Suze Orman talk about them on her tv show. No minimum balance, no fees, and a 4.0% (at time of review) APY sounded too good to be true. I went through their online ...

Pros: None.
Cons: No access to my money. Lousy web site Horrible customer service

I decided to open an 'American Dream Account' at Emigrant Direct after hearing about their great rates. First I tried to open the account online, got a "Cannot open an account at this time" type of message, I thought it was because I have a fraud flag ...

Pros: High interest rate for online savings account, no fees or minimums
Cons: Bad interface, difficult signup process.

I started the online signup process in February 2005. Now, at the end of June 2005, my account is finally open and all my account info is correct. Somehow during the signup process, they entered an incorrect address for me. It was my previous ...

Pros: One of the best rates in the industry
Cons: One of the worst, if not the worst, online customer services Not THE best rates

I have been banking with EmigrantDirect for a while. Obviously lured by their higher interest rates, I checked out the bank's history and ratings before signing up. Yes, the signup process was not that straightforward. I think I can live with that ...

Pros: Great Interest rate, low fees, prompt replies to customer email and pleasant 800 number experience.
Cons: limited Brick and Mortar branches (NYC area only)

Like the other reviewers, I was looking for a relatively liquid place to park some money, and I was discouraged by my local banks' low rates. The 'Guarantee' of 3.5% on a savings account caught my eye. (But see below....) No hassles opening if ...

Pros: Interest rate very competitive - but NOT the best!
Cons: No customer service, bad web interface, STEALS your interest

I will try make this short. While the "American Dream Savings Account" interest rates look great at first, it's the fine print that makes this a really bad choice compared to the competition. The fine print states clearly that interest is ...

Pros: high interest, snappy interface, updated security features
Cons: none so far

I recently opened an account with Emigrant Direct savings bank online, attracted by the above average interest rates (at the time 5,15% APY). The process of opening an account was easy, just some usual paperwork to fill out (all electronic) and it ...

Pros: Great interest rate.
Cons: Their company and their website.

I am a charter customer of Ing Direct. After a year of doing business with an online bank, I started to feel ok with keeping my money at a non-brick and mortar bank. I started to hear about Emigrant and that their rates were .25% higher than Ing ...

Pros: There is nothing about Emigrant Bank's Direct that I can list as "Pro."
Cons: I think you receive better customer service at the county jail as a convict.

Like another reviewer, I spent all my time setting up an account with no luck. During the time I tried to setup this account I noticed the site was down at least 6 different times. I also noticed that I couldn't get through on the company 800 number as ...