E-Loan Savings Account Rates

E-loan is a financial services company that offers many products and services to customers located across the length and breadth of the country. They have a large customer base with many satisfied customers. Their products have many features geared to suit different kinds of customers. E-loan’s savings products are attractive because of their flexible options and the convenience that comes with these products. It is very easy to open a savings account online. All that the customer has to do is to enter the personal details, then make a transfer to fund this account and it is done. The savings account rates are also very competitive in today’s market conditions.

The current E-loan savings account rates for a standard savings account is 0.50% APY for balances between $5,000 and $9,999. The rates for the savings plus account for the same balance is 0.75% APY. To open and maintain a savings plus account, one has to make regular monthly deposits of at least $100 into the account. This will make the customers eligible to earn these higher savings rate through the savings plus account. The minimum deposit for both the savings account is $5,000. The E-loan savings rate for balances between $10,000 and $24,999 is 0.85% in the case of a standard savings account and 1.00% for a savings plus account. The current savings rates are 0.85% for a standard savings account and 1.00% for a savings plus account for all other tiers like $25,000 to $49,999, $50,000 to $99,999 and $100,000 or greater. In short, these E-loan high interest savings accounts are popular for their features and interest rates.

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