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5.40% Savings Rate @ Countrywide Financial

Countrywide Bank is offering a high savings rate of 5.40% APY. Minimum balance for this rate is $50,000; maximum is $2,499,999. So if you have more than 2.5 million, you should probably consider putting it elsewhere. Like in a CD, perhaps.

Their low and high bracket rates are not so hot, however. $250-999 yields a pitiful 0.50% APY, $1000-9,999; 1.25% APY. But their 5.40% APY rate is one of the highest available for fluid savings accounts.

“The Annual Percentage Yields (APY) and Interest Rates are effective as of Wednesday, May 02, 2007 at 8:30 AM EST and are subject to change without prior notice including after account opening.”

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