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What else can I help you with?
What type of savings accounts are best for college kids?
The best saving account would be one that the bank does not charge you any fees and has a low minimum balance require. You will want to look for bank in your area and pick the one that has the best interest rates on saving accounts. Most of the time a credit union will have better saving account rates then big banks.
Where does one find the best interest rate for a banks saving account?
The best place on the internet to find the best interest rates for a bank savings account would be Money Supermarket. One can check all the savings rates and accounts in the United Kingdom.
Is saving account halal for Muslims?
It depends. If you open an account in an Islamic Bank then it is Halal. But, if you do it in a regular bank it is Haram. Islamic banks work as per the guidelines of sharia and having an account with them would be Halal. Regular banks give and take interest and hence they would be Haram.
You are planning to have your own savings account But you are in a dilemma on which type to open Would you go for an online savings account or the traditional one?
Hmmm. Interest rates vary from bank to bank and country to country. The highest rates I've seen are for banks in Australia and the US, but that may change. In fact, to stay competitive, banks are often changing their rates monthly or even weekly.
How do saving account rates compare from city to city?
It really doesn't it goes more by bank to bank. I would ask your local bank to show you their rates and compare them to other bank in a different town.
What companies have the best savings account rates?
The list of the companies with the best savings account rates will totally depend on the country. One would be suggested visiting websites of banks. Also it would be useful to visit branches and speak to financial consultants to find out which package might suit one's needs.
Would banks decrease or increase interest rates if they had less money to loan?
If banks had less money to loan they would increase their interest rates. This is because they would have to make the most profit off of the little money that they had to use. When banks have a lot of money to loan, interest rates are lower because they can still get a lot of interest even from the lower interest rates.
Where can I find the best savings account?
Typically - you will not be able to find the "best" savings account, due to the fact that savings account do not generate a lot of income regardless. Your best bet would be to use the savings account with your bank, or try out a Certificate of Deposit.
How does Citibank interest rates compare to other banks?
Citibank interest rates are almost the same as the other banks. They might have a few different interest rates, depends on what kind of product, the interest would be different compare with other banks.
Where/when should I start saving for my children's college education?
This obviously depends on your income. But it would be recommended to start saving at least 4 years before, one year for every year of university. Simply open an account at any large trusted bank and deposit money into it when you can. You can also consider student loans as they have very little to no interest. Call around your local banks to ask about the interest rates that they give and choose the one with the highest, since you won't be taking any money out of your saving account and so high interest is good!
Where can you find jumbo cd rates at banks?
In order to find the rates for Jumbo CD's at banks, you need to talk to an associate at the bank in which you would like to purchase it from. The rates will vary depending on the bank you choose.
Where might one find special finance rates?
One would find special finance rates in different places, depending on the type of finance required and the purpose for which the finance will be used. For example, rates for a mortgage or a loan secured on a property would be best found on the websites of banks and building societies. General finance rates for borrowing and saving can be found using comparison websites such as moneysupermarket or comparethemarket.
