If you have some extra money you can afford to set aside and some time to burn, then a high-yield CD at an online bank might be the best option. With a Certificate of Deposit, you can really get a decent return by keeping your money in the account for a certain amount of time. […]
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Top Savings Account Rates List: Some of the Best Options So Far in 2020
Getting the best interest rates for your savings account can mean the difference between earning just $20 or $200 extra per year. Annual percentage yields of the best online savings accounts are up to 10% higher than the traditional savings accounts. The national average last year was around 0.09%, but some online financial institutions are […]
Continue readingBest Money Market Returns: Understanding Money Market Accounts and Which Bank You Should Choose
For the longest time, banks only offered two types of accounts: checking and savings. If you wanted to earn interest, you’d have to rely on long-term savings accounts. Today, there are numerous options, including CDs and money market accounts. The latter is a hybrid between a savings and a checking account: it allows you to […]
Continue readingTop CD Rates: The Best Online Banks and Credit Unions for CD Accounts at the End of 2019
It’s not all that difficult to obtain a good CD rate these days, with all of the online banks trying to outdo each other by making their offers seem as enticing as possible. Just pick a few banks that you think you might want to put your money into and check their APY to learn […]
Continue readingBest Money Market Yields Overview of the Top Online Banks and Their APYs for MMAs
Are you interested in opening a money market account? This kind of account is a type of deposit account that is offered primarily by credit unions and banks of all sizes. It pays interest on the deposits and can be used for long-term or short-term savings Some withdrawals may be allowed with some restrictions. Some […]
Continue readingCompare Savings Account Rates: Info About Online Banks, Interest Rates, and Deciding the Best Strategy for Savings
Before taking your money to the nearest bank to start a savings account, you might want to look into its interest rates at first. It’s usually the banks that operate primarily online have the highest APY and lower fees. The national average is around 0.9%, but if you take the time to compare savings account […]
Continue readingFixed Rate Savings Accounts: What Are Your Options, and What Kind of CD Strategy Should You Use?
It is quite common for people to look for savings accounts with fixed rates. However, traditional savings accounts usually have variable rates. For true fixed rate savings, you’ll have to consider a CD account or a savings account that accumulates a predetermined interest rate for a set period of time, or the “introductory period”, after […]
Continue readingNo Fee Savings Account and Other Important Factors to Consider With Online Banks
You should never have to pay any fees for keeping a savings account. It should the bank that pays you interest for keeping your money in their institution loan term. Whether you simply want to create an emergency fund or are interested in certificates of deposit, you should look specifically for a no fee savings […]
Continue readingTop Ten Savings Accounts: A Quick Summary of Some of the Best Online Banks & What They Offer
If you’re someone who is looking for a safe, yet potentially profitable way to put your money, then the best solution is a high-yield savings account from a reliable, strong financial institution. You don’t necessarily have to choose a traditional bank, either. There are some good online banks to choose from these days, although not […]
Continue readingTop Money Market Accounts Info: What is an MMA? What Perks do the Best Online Banks Offer?
As soon as you can afford to start investing, one of the first things you should look into is a money market account. This is a very low-risk way to invest your cash, and there is a potential for a decent pay off, as long as you choose one of the top money market accounts […]
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