I mostly write about interest rates on this blog, but another important factor when looking at banks is customer satisfaction. Everyone knows how important it is for a bank to have great customer service and most people are willing to take a small cut in interest rates in order to work with a bank that…
There are many indicators that the economy is making a recovery with the stock market rallying and job losses diminishing. However, it will still be a while before we see a return of 5% plus savings accounts. Here are the best rates the banks have to offer for August 2009. Best Savings Account Everbank –…
The best savings account dropped .05% from April’s best APY of 3.10% while most CD rates stayed the same with a couple rates falling and a couple rates rising. Best Savings Account Smarty Pig – 3.05% (minimum deposit: $25) Full list of savings accounts. Checking Account Bonuses There are a lot of checking account bonuses…
Last week we saw why you should never take out CDs from offshore banks. Caribbean-based Millenium Bank is currently under investigation by the SEC for running a Ponzi scheme on their clients for $68 million. Always get CDs from American banks and always stay below the FDIC insured limits. There have been 21 banks that…
With February being a bad month for the stock market more people are going to be putting funds in their bank accounts which will in turn continue to drive the rates downwards. If you’re going to have your money in cash you should at least be getting the best of the best. Best March Savings…
As expected the Fed kept the federal funds rate at their all time lows. With the rate this low savings account and CDs are remaining at relatively low rates for February. Credit Unions continue to offer the best rates on CDs. Here are the best rates for savings and CDs: Best Savings Account Rates in…
2008 was a rough year for banks. With a lot of big banks failing and interest rates dropping to an all time low, we can only hope that 2009 will be better. To get the most out of 2009 here are the best banking deals as of January 3rd, 2009. CD Rates CD rates dropped…
There have been a lot of reduced rates in bank account rates recently due to the Fed rate cut on December 16th. Here’s a list of all the changes: CD Rates Here’s a list of nationwide CD rates as of December 27th, 2008. 5.10% 5-year CD at Navy Federal Credit Union 4.75% 3-year CD at…