Caring for your elderly parents finances can be a tricky situation. Having the conversation with them about paying their bills and saving money in savings accounts, money market accounts, or cd accounts is not going to be easy but there comes a time when you do need to take over. Seniors are constantly targeted for fraudulent investments and many times their trusting nature and poor memory can lead seniors to lose thousands or hundreds of thousands of dollars. Power Of Attorney It is important … [Read more...]
High Yield Money Market Account from My Banking Direct
With the ups and downs in the market one of the best things you can do is to open a high yield money market account. A high yield money market account allows you to save money and to earn a generous interest rate compared to traditional savings account and other saving vehicles. Understanding your options when it comes to saving money is the best way to plan for your short-term and long-term needs. One high yield money market account to consider is from My Banking Direct. My Banking Direct High … [Read more...]
AmTrust Direct Money Market Account- Premium Interest Rate
One of the most important things you can do for your financial situation is to have a short-term savings account or some type of emergency fund. Having two separate emergency funds like a high yield savings account and money market account is a good option to consider. This will give you short-term and long-term funds for financial problems varying from job loss to car repairs. The AmTrust Direct Money Market Account offers a higher interest rate from a traditional savings account along with … [Read more...]
How to Find the Best Money Market Rates
Anyone that has extra cash and wants to earn interest money on it may consider opening a money market account. Money market rates aren't too terribly impressive right now, however compared to the national average of savings accounts, opening a high yield money market account is well worth the few minutes it takes to sign up. Money market accounts allow you to earn more interest than you otherwise would just holding onto your money, and they're risk free! Currently, the highest money market … [Read more...]
Earn 1.75% APY with a Mega Money Market Account
AmericaNet Bank’s Mega Money Market pays 1.75% APY and offers these benefits: Free Visa Check Card No Monthly Fees Free overdrawn email alerts Online banking Online account setup with minimum deposit of only $1 No minimum balance required to earn the 1.75% APY One caveat is it only earns 1.75% APY for balances Up to $35,000; any amount over $35,000 will only earn 1.00% APY. There is also a limit of six withdrawals per month using any method from the money market account, … [Read more...]
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