Sunday, September 8, 2019

Savings Account

Last year I opened an Ally Savings account because the rates were higher and rising fast.  I had not problems with the account and it was easy to open.  Recently Ally has dropped its rates down to 1.90%.  My old trusty My Savings Direct ("MSD") account has, thus far, remained at 2.4% so I moved all of my savings back over there.  I earn over $25 a month in interest at MSD. 

Marcus was another savings account that I looked at last year and it is offering 2.0% on savings accounts. 

I'm sure that MSD will eventually drop its rates along with all of the other banks. I am keeping my Ally account open as an alternative and I will move money between the 2 accounts depending on which is offering a higher rate.  FYI- I don't plan to go back and forth over a 0.1 of an interest rate.  Only if there are bigger and sustained differences.  I waited until there was a half a percentage difference until I switched back to MSD. 

What online savings accounts to you use? 

Monday, September 2, 2019


In July, I had my annual eye exam.  I got a new prescription for my contact lenses and learned that I qualified for a $75 rebate. I have worn the air optix night and day lenses for over 10 years.  This year there was a $75 rebate from the parent company Alcon.

Unfortunately, it was not an instant rebate taken at the register.  It was one that you had to submit documentation and wait for your rebate.  I figured it would be a painful process, but it was not!  I had to submit my receipt, my upc code from my contact lenses and documentation of the date of my appointment.  I was able to do this all online and received a claim number.  Within a matter of weeks, I received confirmation that my rebate was approved.  I was only given an online visa card   I requested a physical card to be sent through the mail and it arrived less than 2 weeks later. 

I have not decided how to spend my $75 rebate, I may wait to use it for Christmas shopping.  I love getting discounts/free money! 

Have you qualified for any rebates lately?