Posted byon December 12, 2008
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Update: The offer has been extended until December 31, 2008.
The amount you earn will be based on the average balance from Jan. 1 2009 – Feb. 28, 2009. Here is the WTDirect bonus schedule:
Here is more information about WTDirect:
While the WTDirect account requires more than a typical bank offer, it’s a pretty good deal. The account earns 3.06% APY for the first 60 days no matter what the balance is. And as long as you have $10,000 to earn a bonus during the promotional period, you’ll earn the 3.06% plus the bonus.
Add the signup bonus and the interest together and you should be able to clear about 6% over the two months, clearly beating other High Yield Savings Accounts.
If you have a CD ladder that has a renewal this month, have some credit card arbitrage money sitting around, or even an emergency fund this is the best place I’ve seen to park it for the next two months!