Bankrate.com?

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Why does Bankrate.com exclude E-Loan from its highest paying money market rates when it pays 5.24% with an APY of 5.38%?There is a $5000.00 min, but it must fit into one of their classifications. Is there something I am not seeing about their rating?

Bankrate.com?

another possibility is that e-loan is probably not paying to be on their site. The more money the bank pays at bankrate the more visible they'll be. That's why sometimes small localized banks will have higher rates then those advertise on bankrate.

Bankrate.com?

E-Loan is possibly a brokerage, so they may not qualify as a bank. The same way auto insurance brokers are excluded from rate lists.



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