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A Savings Bank Account is the basic type of bank account where customers can park or save their surplus cash. The money in the account is extremely liquid and can be withdrawn by the customer anytime they want. As a result, the interest rate provided by the banks on such accounts is also very less. In India the savings account interest rate is 4%. Banks may also give you cheque books and ATM/Debit cards to operate your bank account.
Yes - almost all banks have savings accounts.
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Have Banks Revised their Rate of Interest on Savings Accounts Already?
Yes. Not many banks have done it so far, but some of the Private Banks have done so already. 1. YES Bank - 6% for all Savings Accounts 2. Indus Ind Bank - 5.5% for Savings Accounts with balance of less than 1 Lakh and 6% for Savings Accounts with balance of greater than 1 Lakh 3. Kotak Mahindra Bank - 5.5% for Savings Accounts with balance of less than 1 Lakh and 6% for Savings Accounts with balance of greater than 1 Lakh More Banks are expected to follow suit.
What banks offer a mortgage savings account?
Most large banks today offer mortgage savings accounts. HomeBuyer is one such bank. Other banks, such as Bank of America, Chase, and CitiBank offer mortgage savings accounts too.
What banks offer online savings accounts with high interest payouts?
There are several banks that offer online savings accounts with high interest payouts. The best banks to use for this are Suntrust and America's First Bank.
Where can one find comparisons of student saving accounts?
A person could find comparisons of student savings account by individually evaluating different student saving accounts from different banks. Banks such as Bank of America, Chase, and Capital One all offer student saving accounts. By exploring the websites of these banks a person could compare student savings accounts.
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/
What banks have passbook savings accounts?
TDBank has them
What are the top accounts of Cahoot Savings?
The Cahoot Savings bank does not do savings accounts anymore. You can choose from many other banks and institutions that offer a great select of savings accounts.
Have Banks Revised their Rate of Interest on Savings Accounts Already?
Yes. Not many banks have done it so far, but some of the Private Banks have done so already. 1. YES Bank - 6% for all Savings Accounts 2. Indus Ind Bank - 5.5% for Savings Accounts with balance of less than 1 Lakh and 6% for Savings Accounts with balance of greater than 1 Lakh 3. Kotak Mahindra Bank - 5.5% for Savings Accounts with balance of less than 1 Lakh and 6% for Savings Accounts with balance of greater than 1 Lakh More Banks are expected to follow suit.
What banks offer passbook savings accounts?
Almost all of them. Go to your neighborhood banker and ask.
What banks offer a mortgage savings account?
Most large banks today offer mortgage savings accounts. HomeBuyer is one such bank. Other banks, such as Bank of America, Chase, and CitiBank offer mortgage savings accounts too.
Brief description of different type of bank accounts?
money market, checking and savings are all accounts that are offered at most banks
Do online savings accounts work as in bank savings accounts?
Yes, online savings accounts do work the same as brick and mortar banks. In fact you may find that some online banks pay higher interest rates and are more convient.
What banks offer online savings accounts with high interest payouts?
There are several banks that offer online savings accounts with high interest payouts. The best banks to use for this are Suntrust and America's First Bank.
Where can one find comparisons of student saving accounts?
A person could find comparisons of student savings account by individually evaluating different student saving accounts from different banks. Banks such as Bank of America, Chase, and Capital One all offer student saving accounts. By exploring the websites of these banks a person could compare student savings accounts.
Which websites have information on the best savings accounts for college students?
All banks and financial institutions will offer similar savings accounts for college students. These accounts are set up by parents as a mode to make regular savings before the student is ready for college.
Can I open a savings account if I have a judgment against me?
Yes, you can open a savings account if a bank allows you to. Usually banks are not as strict with savings accounts as they are with checking accounts.
What types of savings accounts does HSBC offer?
HSBC savings accounts are competitive with savings accounts at other banks. HSBC offers other services such as retirement planning, CDs, checking accounts and credit cards.
