From WT Direct: Great rate plus a holiday gift

US Bank never sent me a holiday gift
Originally uploaded by JeanineAnderson

US Bank has never sent me a gift. Ever.
Online bank WT Direct sent a set of Tiffany & Co tumblers, but they didn't need to. Really. I liked WT Direct just fine already.

WT Direct currently pays 4.9% APY on a cash account. Let's compare to US Bank. Hmmm...US Bank currently pays 0.3% on a comparable account balance.

It's easy to open an account and setup electronic transfer permissions between your regular bank or credit union account and WT Direct. They do not charge any transaction fees to transfer funds. After initial setup, funds are transferred within 24 hours. The few times I've called WT Direct (yes, they publish a telephone number), the staff have been friendly and helpful.

Give WT Direct a try if you need to have easy access to a cash account, and want to earn more than 0.3% interest on those funds.

You might get a set of Tiffany & Co glasses along with that nice interest rate.