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I guess I will close my Umbrella account

January 11th, 2009 at 09:21 am

Umbrella bank pays their pot of gold accounts interest on the 10th, so I went online to look mine up. The interest went down for the month even tho it had 31 days in it.
I checked and the rate has dropped from 3.4 to 2.75% I can get 3.19% from my local bank in my checking account, so I guess I will be closing my Umbrella account tomorrow and adding it to my checking account.
I just got back from grocery shopping and I saved $4 using my advantage card. I will add that to my $20 challenge.
Prev. total $1289.00
today 4.00
new total $1293.00

2 Responses to “I guess I will close my Umbrella account”

  1. Aleta Says:

    Ima: Is it one of those banks that you can leave $1. in there fo remain open. I have a couple of online banks that I took everything but $1. out in case the rates start going up, you don't have to go through the trouble of doing another application and the whole process.

  2. Ima saver Says:

    No, I think they charge you a fee for balances under $1000.

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