For 1 Year and 5 Years of recurring deposit account which bank offers best interest rate?
malayan bank
Everbank has a very high interest rate right now.
catholic syrian bank
Rated best bank by Money Magazine 2012, Ally bank offers the highest savings interest rate. The interest rate starts at .84% and has no minimum balance or monthly fees.
GMAC Bank has the highest CD interest rate at 2.80%. GMAC Bank also has the highest rate on 12/3 at 3.75percent with a minimum of 500 deposited for a 6 month CD.
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%.
Bank of America and National Bank Of Delaware are currently the highest rated CDs. Longer investments have a higher rate of return.
Some banks that offer the highest interest CDs are CiT Bank, Ally Bank, and Nationwide Bank. The longer the term of the CD, the higher the interest rate.
I would go with ING Direct CD.
One can find highest interest rate savings accounts in the following; United Bank UK has 2% rate interest, Bank of Baroda has 1.90% fixed interest, and Barclays has 1.30% and .50% bonus for 12 months which is variable.
There are many banks that offer a higher interest rate savings account. Some of the highest rates can be found at EverBank, Ally Bank, Capital One, Barclays, and CIT Bank.
A Bank interest rate may refer to two things with respect to banking functions. a. Deposit Interest Rate - This is the rate the banks offer to their customers for depositing money with the bank b. Loan Interest Rate - This is the rate of interest banks charge the customers who wish to borrow money from them through loans. Both rates will differ from bank to bank