In our side of the world, interest rate on loans rose just two days ago. It was a very big leap. I'm sure home owners who have mortgage are not happy about it. On the other hand, savings account rate is also high. You can get the best rate there is if you your research. One of our banks has high interest rate on its savings maximizer account.
If you're looking for the best rate there is for savings or checking accounts, it pays if you do your homework. Check all the banks and financial institutions for their rates (like CD rates). Use online facilities like emoneycentral (if you're in the US). It list rates for savings, checking and CD's from several banks including online. These accounts are all from federally insured banks and credit unions. Right now, the list of checking accounts earn as high as 6.00% annual percentage yield (apy) and online savings accounts of up to 4.05% annual percentage yield.
If you found the best rate for your savings account, put in you money. Every second counts.
Sunday, 27 April 2008
09:01
Ers
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