Below is a rate sorted chart of the current best money market rates and savings account rates available nationwide. RATE (APY) MIN. DEPOSIT BANK or Credit Union 1.10% $5,000 EBSB Direct 1.07% $1,500 EverBank 1.05% $2,500 Hudson City Bank 1.04% $1 Ally Bank 0.90% $250 Tennessee Commerce Bank Feel free to submit a rate or a bank deal that you find at: https://www.ratecatcher.com/contact-us/ … [Read more...]
2.79% APY with a Rainbow Savings Plan
Wilshire Bank is enticing savers with tantalizing savings rates from 1.77% up to 2.79% APY. The Rainbow Savings plan is a contract where you agree to setup monthly automatic transfers into the Rainbow Savings Account of a predetermined amount and for a predetermined amount of time. According to a CSR (customer service representative) you cannot put a lump sum in the Rainbow Savings Account, you can only make the scheduled monthly deposits. You will earn 0.26% APY more for opening a checking … [Read more...]
Suntrust Bank Promotions: Savings, MMA, and CD
You can check SunTrust's rates by visiting their compare products page. The highest rate they currently offer excluding promotions is a measley 0.50% APY with an astonishing minimum balance of $250k. Here are their current promotions (you must check your local branch to make sure the promotion is offered in your area. SunTrust operates in these states: Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, Washington … [Read more...]
How to Earn 5 – 13 Times the Average Savings Rate with Zero Risk
If you are looking for ways to earn more interest with less risk,this strategy might interest you. If your only option was to earn interest at the national savings rate of .23%, you'd be better off putting your money under your mattress - at least you wouldn't waste gas or time driving to the bank to make a deposit. Luckily there are some clever ways to earn 1300% more than the national average. Click here for a list of savings banks that beat the national … [Read more...]
Ally Bank Online Savings Account
1/30/2016 Update: Ally's Savings Rate is steady 1.00% APY 3/21/2011 Update: Ally's Savings Rate is now 1.00% APY 1/31/2011 Update: Ally's Savings Rate rate is now 1.09% APY Are you looking for an online saving account that earns a higher rate than traditional savings and provides free online banking? If so, then Ally Bank's online savings account is the one for you. Ally Bank is a Utah headquartered FDIC insured bank and is a unit of GMAC Financial Services (GMAC), which became a bank … [Read more...]
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