As you know, a savings account is a financial account found at traditional banks, online banks, and credit unions. You place your money into a safe place and allow it to accumulate interest over a while. There is always the option to contribute more money to the account as time goes by. These days, online […]
Continue readingTag Archives: banking
Types of CD Accounts: What Are Some of the Most Popular CD Savings Products?
One of the safest ways to save and invest money is to put it into a certificate of deposit account. Many online banks offer high annual percentage yields for these accounts – some of which are even more profitable than a traditional savings account. However, there are different types of CD accounts. Some of them […]
Continue readingTop CD Interest Rates and Other Important Factors to Consider When Choosing an Online Bank
As long as you have at least $1,000 to set aside for six months, that you know you won’t need access to, then putting it into a CD account with an online bank is a great option. The top CD interest rates are the ones that are at least 0.35% and have daily compounding to […]
Continue readingCompare Savings Interest Rates Guidelines: Understanding Terms, APY%, Customer Support, & More
We all know how important it is to have money, if for no other reason than to have an emergency fund. But HOW should we save? Where should we put the money? These days, many online banks make it worthwhile to open up a savings or money market account. Even if you go with a […]
Continue readingSavings Account Fees for Beginners: Just a Quick Look at Some of the Fees Certain Online Banks Might Charge
Since several banks and credit unions are offering online accounts these days, most people are looking to start a savings account there. Sometimes, due to the higher than average APY % that they can offer. But, there are several savings account fees to keep in mind when opening an account. Some online banks have excessive […]
Continue readingTop Bank Savings Account Guide: Learn About Your Options, Terms, APY %s, and More
Savings accounts are a symbol of the safest way to let your money grow. Since it’s such low-risk, it’s not going to return high profits in the same way as the stock market or real estate investments. But as long as you choose a top bank savings account, you can expect a generous APY %. […]
Continue readingTop Money Market Rates Bank Account List – Which One is the Best for Your Needs?
Banks make it easy to invest in the money market. All you have to do is sign up for an online bank that offers an account with the top money market rates. They operate similarly to savings accounts, and just like with savings accounts, the best rates are going to be found with online banks. […]
Continue readingCompare Best Savings Accounts Guide: The Importance of Choosing an Internet-Based Bank & What to Look For
There really is no excuse for keeping your money in a low-rate account these days. There are plenty of high-yield savings accounts to choose from online that provide customers with interest rates significantly higher than those offered by the old traditional banks. While all banks are holding back a bit and being cautious in today’s […]
Continue readingSavings Account Without Fees: Info on Choosing the Best, No-Fee Online Savings or CD Account
There is no point in sticking with a low-rate savings or CD account with fees, since there are so many high-yield accounts available with dozens of online banks. These are often better than conventional banks since they don’t have as much overhead and can afford to give customers back more. The downside of some of […]
Continue readingFixed Rate Savings Account: Top Online Banks Currently Offering Fixed CD Rates & Good Savings APYs
When doing research on savings and CD accounts, you’ll see the term “fixed rate”. Rates are usually variable since the financial markets and money value are always fluctuating. However, to entice new customers, banks will often offer a fixed rate savings account or CD account for a limited period of time, which could be anywhere […]
Continue reading
