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People with good credit should have high yield savings. This is because they are trustworthy with credit companies, and even with savings, they will pay the money back.
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∙ 12y ago
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Are there any banks that offer a high yield savings account?
There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.
What careers offer high yield savings?
There are high yield analyst jobs, high yield trading assistants, and careers that specialize in the sales of high yield securities. Furthermore a career in capital markets would be a rewarding career that offers high yield savings.
What type of interest rate can you expect from a high yield savings account?
Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.
What is required to open a high yield savings account with a bank?
Banks may require a deposit of $1 to $100 to start a high yield savings account. At this time many banks are offering high yield savings accounts with fees and no minimum balance after the deposit.
What is a high yield savings bond?
High Yield Savings Bond describes bonds that have high rates of return. These bonds are usually ranked low as they have a higher chance of defaulting.
What percentage of return annually can be expected from a high yield savings account?
A percentage of return that can be expected from a high yield savings account is 0.10%. Although this is the average, some percentages can get as high as 0.90%.
What are the advantages of high yield savings accounts?
Some advantages of high yield savings accounts include security, guarantee, development of good savings habits, and growth. The maintenance of such an account is usually performed online.
How does one get high yield savings?
In order to get a high yield savings account, you need to have a good financial track record. This will allow you to get the best deal and save the most money.
What kind of rates are offered with high yield savings accounts now?
High yield savings accounts can offer rates as high as 1.75% to 2%. If you are looking for high rates another good option is to get a Certificate of Deposit.
How do I open a savings account?
You should go to the bank where they have tellers and financial planners who know how to give you the best deals in opening a savings account that will yield high interests.
How does one qualify for a high yield savings account?
There are not much qualifications to open a high yield savings account, Sallie Mae will allow you to open one with no minimum balance and no monthly fees.
What online banks have high interests savings accounts?
You can get a list of them here www.moneybluebook.com/the-best-online-high-yield-savings-accounts/
