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What is a compound interest savings account?
Its where your savings account earns interest on the interest.
Where can one find the highest savings interest rates?
One can find the highest savings interest rates by going to the Savings Accounts website. The website has a list of the top 10 Savings Accounts that have high interest rates.
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
Is loan interest higher than savings interest?
Yes loan interest are higher than savings interest. This is one of the primary ways a bank makes money.
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
Could you inform me about savings interest calculators?
Savings interest calculators tell you how much money you will earn from interest on your savings. To find out more information on savings interest calculators go to www.moneyadviceservice.org.uk where you will find all the details you require.
How can one obtain the best interest on savings?
One might obtain the best interest on savings by looking at the different interest rates banks offer and opening a savings account with that bank. Another way to obtain the best interest on savings is to open a Tax Free Savings Account.
Where can one find the highest savings interest rates?
One can find the highest savings interest rates by going to the Savings Accounts website. The website has a list of the top 10 Savings Accounts that have high interest rates.
Do you want a high or low interest rate in a savings bond?
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
Is loan interest higher than savings interest?
Yes loan interest are higher than savings interest. This is one of the primary ways a bank makes money.
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
How does the frequency of compounding interest impact the growth of savings?
The more times that interest is compounded the more growth of savings.
Which companies offer the highest interest savings account?
The highest interest of savings account offers online banks. Richard Barrington Contributer for instance gives chances of finding the highest interest rate for your savings.
Which bank provides the best interest on bank accounts?
There are several banks that offer high interest savings accounts. ING Direct has a good reputation for offering a high interest rate with excellent customer service. Ally National Bank and American Express also provide high interest rates on their savings accounts.
What are the best interest rates on savings in the greater Boston area?
The interest rate on savings is very similar around the country. In Boston the interest rate is .89%
