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What are the best savings accounts that offer a high interest yield over the long term?
Wiki User
∙ 14y ago
If you visit bankrate.com, you will find which bank account has the highest rate on a given day. Frequently, online banks (Ally Bank, ING Orange and the like) offer good rates on savings. That being said, your best bet for long term savings is frequently a Certificate of Deposit (CD) account. Of course, this assumes that a bank account is your preferred means of savings--other investments (stocks, bonds, real estate) offer much higher yields over the long term in exchange for additional risk.
There are several good savings accoutn at many banks. The best rates can be had with a virtual savings account and a high deposit like www.Ally.com .
Wiki User
∙ 14y ago
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How can you attain the best interest rates on savings?
There are many options for savings accounts which provide different interest rates. For traditional savings accounts, online banks typically yield the best rates.
Where could one find a savings account with a high yield?
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.
Does Chase offer high yield savings accounts?
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.
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 type of interest rate can you expect from a high yield savings account?
Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.
What high interest accounts does TD Bank offer?
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.
What type of account has highest instrest rate?
High-yield savings accounts typically offer the highest interest rates compared to other types of accounts. These accounts are specifically designed to help you grow your savings faster by providing a competitive interest rate.
How can you attain the best interest rates on savings?
There are many options for savings accounts which provide different interest rates. For traditional savings accounts, online banks typically yield the best rates.
Does Wells Fargo of Texas offer business savings accounts?
Wells Fargo of Texas offers several types of business savings accounts. These include Business Market Rate Savings Accounts and Business High Yield Savings Accounts.
What type of accounts does rainier pacific bank offer?
"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."
What kind of rates are offered with high yield savings accounts now?
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.
Where could one find a savings account with a high yield?
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.
Does Chase offer high yield savings accounts?
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.
How do I find banks that offer high interest rate savings accounts?
You may need an investment cosultant but you could try here http://www.getrichslowly.org/blog/2007/03/21/which-online-high-yield-savings-account-is-best/
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 type of interest rate can you expect from a high yield savings account?
Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.
What are high interest savings?
They're accounts that yield higher rate than a regular savings account. There are some minimum requirements to open a high interest savings account, such as maintaining a balance and depositing a minimum amount to open the account.
