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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.
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.
You can get a list of them here www.moneybluebook.com/the-best-online-high-yield-savings-accounts/
A local credit union would probably have the highest yields on savings accounts. Otherwise, Ally Bank, Sallie Mae Bank, and Capital One offer high yield savings accounts.
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.
Wells Fargo of Texas offers several types of business savings accounts. These include Business Market Rate Savings Accounts and Business High Yield Savings Accounts.
"The type of accounts the Rainier Pacific Bank offers are Savings accounts, Checking accounts, Investment accounts, online accounts, business saving accounts and high yield savings."
TD bank offers a great high yield savings account. With the economy beginning to recover the interest rates are only going to get better in the near future. There are several high yield savings accounts available at TD bank.
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.
Often times high yield savings accounts do not require a minimum balance. These accounts can also be set up in addition to an already existing checking account you may already have which makes it easy to transfer funds.
Yes Chase provides a high yoield savings account. The account can be created free with free online email alert and Online Statements program. It also earns a good interest.
The yield for the Chase money market savings account is in line with the National average.You will find the highest rates with online accounts like www.DiscoverBank.com