Which bank has the highest savings interest rate?

Jul 02, 2009 by John | Posted in Credit

I'm looking to open a savings account. I currently have one with wells fargo, which I think gives a pretty lousy interest rate. Are there any suggestions? US bank? Bank of America?

The Web site bankrate.com is highly-reputable and it keeps up-to-date information on the rates at different banks.

One of the best rates in the country right now is Ally Bank, which has 2% on its savings accounts, and you can set up accounts

| Jul 02, 2009

The Web site bankrate.com is highly-reputable and it keeps up-to-date information on the rates at different banks.

One of the best rates in the country right now is Ally Bank, which has 2% on its savings accounts, and you can set up accounts
J. H. | Jul 02, 2009

Help! What's the highest interest rate for savings accounts and where should one go to receive it?

May 28, 2011 by sportfan3224 | Posted in Personal Finance

If someone has more than a billion dollars to put in a savings account and wants to live off the interest, what's the highest rate they can receive?

Billionaires wouldn't leave all their money in a bank account. They invest it and live off dividends. While dividends are not guaranteed, if you invest in multiple companies, you could be getting dividends every single month or at least once every 3 months.

| May 28, 2011

ABC News - How To Get a The Best Interest Rates on Checking and Savings ...

On ABC News, Jordan Goldman - Founder and CEO of Unigo.com - explains how you can get a 6% interest rate on a Checking Account, a 2% interest rate ...

Six Ways to Keep Rewards Checking Rewarding

27.06.11

Interest rates are falling. Free checking accounts are disappearing. Debit card rewards programs are closing. But there is still a way to make your personal finances pay off: a high-yield checking account.

With the rates of standard interest-bearing checking accounts averaging near a measly 0.5%, these programs continue to be a bright spot with annual percentage yields of around 4%, according to Bankrate's new survey. While the low-rate environment is impacting the world of high-yield checking, here are six ways you can continue to reap the benefits of what is also called rewards checking.

Source: Fox Business

savings highest interest rate - Bookshelf


Will high interest rates lead to increased real savings?, a comment on the interest rate reform in South Korea
41 pages 		Will high interest rates lead to increased real savings?, a comment on the interest rate reform in South Korea

Creator: Rene Encarnacion | Business & Economics - 1979
Ecological Economics, Principles and Applications
509 pages 		Ecological Economics, Principles and Applications

Creator: Herman E. Daly, Joshua Farley | Business & Economics - 2010-10-18
Investors (ie, firms) will borrow and invest more if the interest rate is lower and if income is higher.3 In other words, savings is some function of the ...
Publisher: Island Pr
Personal Finance for Dummies
480 pages 		Personal Finance for Dummies

Creator: Eric Tyson | 2009-11-09
Decreasing Debt When You Lack Savings If you lack savings to throw at your consumer ... Call the bank(s) that issued your current high-interest-rate credit ...
Publisher: For Dummies

Your Questions About Best Savings Account Rates | ISA-Rates.org

by Scott

Scott answers:

Rtes are variable, not fixed. They fluctuate based on the market and what the Fed rate is at the time. When the Fed cuts rates, generally that can lead to banks cutting rates.

CD’s are fixed savings accounts for fixed periods of time. So if you prefer a fixed rate you can go there. The savings rates may not just go down, they could also go up…which is what makes CD’s less attractive at certain times.

...

Read more...

savings highest interest rate - News


Six Ways to Keep Rewards Checking Rewarding
Fox Business - Jun 27, 2011
If interest rates fall too low, you may want to survey other banks for potentially higher earning potential. Some long-term CDs offer yields higher than 2.3% and some high-yield savings accounts offer customers a rate of 1 full percentage point.

Banks hoarding big savings despite mortgage rates crashing to 23-year low
Mirror.co.uk - Jun 28, 2011
Industry experts Moneyfacts says average interest rates charged on new home loans are the lowest since its records began in 1988. The plunge follows easing fears that the Bank of England will raise its base rate any time soon.

Deregulation of savings rate to get deferred: Bankers
Rupee Times - Jun 28, 2011
According to a banker, in case the savings bank account rate is deregulated at this time when interest rates are on for a high, then the net interest margins of banks would suffer a big hit. According to a bank economist, in case deregulation is

Updated Review of South Carolina's Best Free Reward Checking Account
Deposit Accounts (blog) - Jun 27, 2011
This will probably only interest young adults who don't have much savings. If you only keep a couple of thousand in savings, the iTunes downloads could be more valuable than a high yield. Another new product that will be of more interest to rate

Expat rates: the best monthly interest accounts
Telegraph.co.uk - Jun 27, 2011
Expat rates: the best monthly interest accounts This makes it all the more important to find the best possible savings deal so you're maximising your income – even if it is still historically far less than you are used to. While onshore, most of the best accounts offer the option of taking interest

Call for a free credit repair consultation today (877) 278-5682

Related deals


  • Photostream

    Maybanks iSAVvy Savings Account Interest Rate Drop lot of Banks in Singapore is cutting down interest rates for their High Interest Rate Savings Account Too bad I didn t ride on it while they are having one of the highest interest rate

    map Full jpg Step 1 Earn high interest by being more knowledgeable about the rates that are available