Best Online Savings, CDs, and Money Market Rates

How Can Melrose Credit Union Offer Such High CD Rates?

Melrose Credit Union is unique in several ways. Below are some of the key elements to it’s profitability and high rates. No Membership Requirements First it has an open charter which means US residents in any state can become members without the usual need of belonging to a certain group. Unusual Profitability Due to Taxi License Loans Second, Melrose Credit Union is unusually profitable because it makes loans to prospective New York cab drivers. Each cab in New York requires a … [Read more...]

0.90% APY Savings Account Rate at TCB (Update)

Update: The 1.50% APY savings account rate offered by Tennesse Commerce bank has been adjusted down to 0.90% APY. Anyone who signed up for the special will have their rate reduced to the 0.90% APY on July 1, 2011. For the current interest rate environment, the 0.90% APY savings account rate offered by Tennessee Commerce is less than stellar. Requirements for this offer: Open a checking account (either Business or Consumer) Open a savings account Maintain at least $250 in the savings account … [Read more...]

Best Money Market Rates in 2011

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...]

18 Month Zero Percent Credit Card

For a while it was difficult to find good zero percent balance transfer credit cards that offered long term zero percent bliss. The DiscoverMore Credit Card not only provides you 18 month of interest rate relief on balance transfers, but also offers 5% cashback on purchases in categories that rotate each month. New purchases will also be at zero percent for 6 months which is not nearly as attractive as the 18 month balance transfer offer. 5% Cashback Bonus Details: You earn 5% cashback … [Read more...]

Capital One Money Market Account

[mma bank='Capital One' alt=''] [/mma]The [mma bank='Capital One' alt= 'Capital One 360 Savings Account']~APY~% APY Capital One 360 Savings Account[/mma] has replaced the former Capital One Money Market Account. After it's acquisition of ING Direct in February of 2012, Capital One has simplified it's financial products under the Capital One 360 brand. Here are the savings related products now offered through Capital One 360:[mma bank='Capital One' alt= '360 Savings']~APY~% APY 360 … [Read more...]