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No, it's not Carnival, but Banco do Brasil Americas has broken out savings and CD rates that are amongst the best in the country for balances of $100,000 or over. If you don't want to deposit that much in the bank, their rates for balances between $10,000 and $99,999 aren't bad either. The chart below shows their rate offerings:

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For several years, Salem Five's online savings account has been one of the most competitive online accounts available. Many of our readers suggest that we remove it because it has features that are more onerous and difficult to understand than some of the other savings accounts listed on the site. BestCashCow.com recognizes these issues but feels that it Salem Five needs to be listed among the best yielding savings accounts because these issues can be worked around.

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A common question we receive at BestCashCow is whether a holder of a savings or CD from a bank needs to pay taxes on the interest generated from those accounts. The short answer is: yes. Interest from FDIC insured accounts (savings... Read →

This issue's yield looks attractive, but it should be avoided.

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In this low interest environment, the major money center banks have been offering next to nothing in interest for years. Citibank and Merrill now give you a reason to keep your cash with them.

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Greece lies on the brink of collapse. Puerto Rico debt obligations are all going to be restructured. Even if the worst case were to materialize (both default), US interest rates are not headed for a dramatic decline or even a retest of recent lows. They are headed up.

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Applying for a Home Equity Loan? Do This First Image Copyright: BestCashCow

Applying for a Home Equity Loan? Do This First

Here are the four steps to take before applying for a home equity loan.

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Open as many as you can and enjoy a ton of free travel benefits!

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Paying for College - Private Student Loan Options The student loan market has become quite hot lately with a bunch of new entrants offering competitive student loans. These new entrants go beyond credit score and history (which most... Read →

Learn about the seven ways to pay that hefty tuition bill and strengths and weaknesses of each.

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The information below shows the most common savings techniques used by those saving for college according to a survey done by Fannie Mae and some helpful information about each of them.

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Can Opening A Credit Card for Hotel Points or Frequent Flier Miles Damage Your Credit? Image Copyright: BestCashCow

Can Opening A Credit Card for Hotel Points or Frequent Flier Miles Damage Your Credit?

The risk is less than you think, but pay attention to your utilization ratio when closing a card.

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Citibank is aggressively advertising its new and improved ThankYou cards, but the benefits of the costly Prestige Card aren't entirely clear. We did some digging and found they are there.

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Even though Singapore's KrisFlyer program is an outstanding way to redeem Chase points, it still makes sense to transfer Chase Ultimate Rewards points to United under certain circumstances.

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