Articles
Selected category: Savings
The books have always told us the ideal macro story regarding how low rates bolster the economy by allowing borrowers to borrow and spend. But whatâs the other not so ideal side of the story? If borrowers are the winners in this, then who are the losers?
Read →Several online banks have increased their online savings or money market rates in the last six months. Is this a trend or an anomaly?
Read →Citizens State Bank of Cadott, WI is offering a Variable IRA (VIRA) rate of 4.00% APY. The Variable IRA requires that you have a checking or savings account at the bank and make at least monthly transfers from one of those accounts into the IRA. There is no minimum transfer amount. The maximum total transfer amount is determined by IRA rules.
Read →This week, I'm going to spotlight Liberty Bank & Trust, a 22 branch bank headquartered in New Orleans. Liberty is offering a 1.31% APY savings account with a $50 minimum balance.
Read →Illinois has some of the top money market account rates. The national average money market rate is 0.23%. Illinois has many rates far above this level. In fact, Illinois has several banks with money market rates above 1.50% APY.
Read →Low interest rates on bank products make it tempting to move money out. Here's why that might not be a good idea.
Read →Aflac Federal Credit Union is offering a 2.41% APY savings account for its members, and that's no quack.
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$250 and More in Bonuses from ING Direct's Black Friday Sale
ING Direct is back with their annual Black Friday sales event. As part of this event, ING offerering over $250 in bonuses to consumers who open certain accounts.
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Best Florida Savings Account Rates
Local banks in Florida offering the best savings account rates according to the BestCashCow database.
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Best Savings Account Rates - Don't Settle for Average
Average savings account rates continue to fall, with average online savings accounts yielding 0.85% APY and average local savings account rates at 0.23% APY. But there's no reason to settle for average savings rates.
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First Priority Bank Offering 1.5% APY Savings Account Guaranteed Through September
First Priority Bank if offering a 1.50% APY savings account rate that is guaranteed through September 30, 2011.
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Income Generating Investments - Comparison Chart
The chart below provides a quick comparison of several different asset classes that produce income for investors. It includes assets deemed to be almost totally safe, such as FDIC-insured savings and CD accounts and U.S. Treasury... Read →
Banks Paying Above Average Savings Account Rates
We all know that savings account rates have been on a path to nowhere over the last three years since the start of the global financial crisis. Back in 2007, savings rates were as high as 6% but now the average is closer to .50% APY. But with a little bit of research, you can still find savings accounts at 1% APY and above - some even higher than 1.50% APY.
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American Express: Not Just for Credit Cards Anymore
The credit card giant now offers a 1.00% online savings account, with no fees and no minimum deposit. They also offer no-minimum deposit CDs.
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