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Do online bank accounts offer interest rates as good as accounts from regular brick and mortar banks?
Wiki User
∙ 12y ago
They can offer interest rates as good as regular brick and mortar. Every financial institution has different interest rates so it is best to shop around before deciding on one bank account.
Wiki User
∙ 12y ago
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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.
How can I find a bank that has high interest savings accounts?
Your best bet is to look online. AIG Online has high rate savings accounts, but be advised that there are more restrictions compared to a brick-and-mortar bank.
Do Suntrust online checking accounts generate interest at a higher rate than accounts at a brick-and-mortar bank?
No. In this ecomony all the banks are at the same interest rate because no one can afford or wants to give their customers more.
What banks offer High Interest Rate Savings Accounts?
AIG online savings accounts seem to offer the best interest rates. As for brick-and-mortar banks, rates don't differ much, maxing out at around 2%.
DO you need to pay for the online loan?
An online loan is the same as a regular loan received at a brick and mortar building. The expectation is that you pay the principal, plus interest accrued on the money you borrow.
What interest rates does Military Bank Online offer on their savings accounts?
There are many interest rates offered by Military Bank Online on their savings accounts. The interest rates that Military Bank Online offers on their service accounts are as low as 3%.
What are the best online savings accounts with high interest?
The best online saving account with a high interest is the Capital One savings account. Some other good online savings accounts with a high interest are Discover, American Express, Barclays and many more.
Which are the best online bank accounts available?
Apparently online savings accounts pay slightly higher interest rates than brick-and-mortar banks. Some of the most highly-ranked online banks include CIT Bank, EverBank, Barclays, American Express Bank, Ally Bank, and Discover Bank. Look for the interest rates on any plan/service you sign up for, because that's the most important aspect next to security and trustworthiness.
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.
Who can help with high interest online savings?
Online savings account interest rates are not fixed, and they change frequently. Online savings accounts can be researched by comparing many different online banks.
What does discover bank offer for new users?
They offer competitive interest rates for savings accounts, as well as high interest rates for CD accounts. They also offer online banking and insurance for money you have in their accounts.
What are the best interest rates offered in online savings accounts?
According to the website, Money Rate, the bank that provides the highest interest rates on online savings accounts for less than 10,000 dollars is Ally Bank with a rating of 1%.
