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How can you find the best savings account interest rate currently available on the market?
Wiki User
∙ 10y ago
The best way to find the best savings account interest rate is to use price comparison sites. The easiest one to use is money supermarket. There is also The Money Expert which gives nice reviews of each service.
Wiki User
∙ 10y ago
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What are the interest rates for a savings account from Chase bank?
Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
What is the current interest yield in an American Express Personal Savings account?
American Express Personal Savings account is currently offering one of the highest interest rates on your money. They are offering a 1% interest on your money as of August 2011 with no fee.
Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?
Most savings accounts hold little to no interest rate currently. They are basically the same as a checking account. If you are looking for higher yield interest, consider purchasing a CD.
What is the best savings account offered by online banks?
The "best" is subjective and will depend on the features that you are looking for in a bank. Personally, First Command Bank is an awesome bank with a high interest money market savings account. American Express Bank currently has a 1.3% interest rate for their savings accounts.
Does U.S. Bank offer any high yield savings accounts?
U.S. Bank does not currently have any high interest savings account. The highest paying account the bank currently has is 0.85% in a money market savings account. The highest yield available at US Bank (for a savings account) is the Package Money Market Savings account with yields up to 0.85%. This account must be opened with a US Bank Silver, Gold or Platinum checking account.
What are the interest rates for a savings account from Chase bank?
Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
What is the average interest rate for a Suncorp savings account?
Suncorp is a bank operating in Queensland, Australia. They have a number of savings account options, but their main savings account is the eOptions account, which currently earns 3.00% per annum.
What is the current interest yield in an American Express Personal Savings account?
American Express Personal Savings account is currently offering one of the highest interest rates on your money. They are offering a 1% interest on your money as of August 2011 with no fee.
Are there more fees in a checking account compared to a savings account?
Most checking accounts have no fees. Savings account has more fees than checking accounts because of the higher interest yields available in a savings account.
What is the difference between a savings account and a certificate of deposit?
In a regular savings account, the funds are always available for withdrawl. As a result, savings accounts generally have a low rate of interest. A certificate of deposit is an investment for a specific amount of time. The funds are not available until the certificate has matured, therefore, it has a slightly higher rate of interest than a savings account.
Does my bank offer a high interest savings account, and is it a good way to save my money?
You will have to check with your specific bank to see if they offer high interest savings accounts but most major banks do. A high interest savings account can be a great way to invest your money. One advantage you have with a high interest savings account over a certificate of deposit is that your money is available at no penalty if you need to withdraw it.
What is the highest savings interest rate available locally?
According to Bankrate the best rate is 0.73% currently.
Savings account A has 1500 and pays 3.5 percent interest yearly Savings account B has 1400 and pays 4 percent interest yearly The savings account that earned the most interest after one year is?
Account B
Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?
Most savings accounts hold little to no interest rate currently. They are basically the same as a checking account. If you are looking for higher yield interest, consider purchasing a CD.
What is the best savings account offered by online banks?
The "best" is subjective and will depend on the features that you are looking for in a bank. Personally, First Command Bank is an awesome bank with a high interest money market savings account. American Express Bank currently has a 1.3% interest rate for their savings accounts.
