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Getting a great interest rate on your savings can help you grow your nest egg quickly. Finding a high interest rate on a savings account takes a little research, but the financial rewards are well worth the required effort. Here are some tips to help you find a savings account with a high interest rate.
Consider A Long Term Savings OptionIf you do not need to be able to access the money you have in savings, consider a long term savings account, such as a CD. When you put your money in a CD, you will not be able to access those funds for a predetermined length of time. The interest rates for these savings accounts are higher than traditional savings account options.
Do Research OnlineIf you are just looking for a regular savings account that will allow you to access your money whenever you need it, you should do research online to compare savings account interest rates at different banks. Doing research online is generally faster than calling each bank individually. Make sure you read the fine print on any special offer being advertised by a bank. Some banks promise high interest rates but charge monthly account maintenance fees that offset the interest rate difference.
Check Out Local Credit UnionsAnother option is to open a savings account at a local credit union. Credit unions are owned by the people who bank there, so interest rates are usually higher than they are at traditional banks. Some credit unions are not open to the public, but others are. Check out local credit unions to see if you could become a member and get a savings account with a high interest rate.
Ask Your Current Bank For A Better RateIndividuals who already have a savings account with their bank but are unhappy with their current interest rate should ask their bank for a rate increase. Although the answer could be no, if you have a long standing relationship with your bank they might increase your rate because they want to retain your business. Ask your bank if they will give you a better savings account rate, and the answer might just be yes.
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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.
Where can one find the best savings on interest rates?
There are a number of places where one can find good or excellent savings interest rates online, though it would be up to the person to decide which rate is best of them. Some websites with good savings interest rates information include Rate City and CNBC.
Where can one find more information on the best current interests rates on savings accounts?
A person can find the best current interest rates on savings accounts by visiting branch offices of local banks in their area and comparing interest rates.
What are the best deals of rates savings?
Savings rates vary depending on what type of account one has. While savings rates are very low currently, one can find higher rates if one looks around. If one looks around, one can find interest rates of 4% and above.
What are the best account rates for high interest savings?
High interest savings just aren't as high as they used to be, thanks to the low interest rates being set by the fed. If you are able to find a savings account giving greater than 2%, consider it too good to pass up.
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.
Where can one find the best savings on interest rates?
There are a number of places where one can find good or excellent savings interest rates online, though it would be up to the person to decide which rate is best of them. Some websites with good savings interest rates information include Rate City and CNBC.
Where can one find more information on the best current interests rates on savings accounts?
A person can find the best current interest rates on savings accounts by visiting branch offices of local banks in their area and comparing interest rates.
Where can I find good interest rates on a checking account?
Interest rates have been low for the past several years, so a great way to gain a higher interest rate on your savings is to invest in a money market account with check writing privileges.
What are the best deals of rates savings?
Savings rates vary depending on what type of account one has. While savings rates are very low currently, one can find higher rates if one looks around. If one looks around, one can find interest rates of 4% and above.
Where can one find rates for UK savings?
One could use a price comparison website, such as MoneySupermarket, to search for specific savings accounts and find the best interest rates on offer.
What are the best account rates for high interest savings?
High interest savings just aren't as high as they used to be, thanks to the low interest rates being set by the fed. If you are able to find a savings account giving greater than 2%, consider it too good to pass up.
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.
Where can I learn how to get started investing savings bonds?
You can make an appointment to speak to someone at your bank about their current interest rates and how long the terms are for the savings bonds they offer, and even find out the interest rates from several banks so you will get the best rate.
Where can one find information for highest interest on savings accounts?
You can find information for highest interest on savings accounts online at the Bankrate website. Once on the website, click on "Checking & Savings" in the top navigation menu and use the included tools on the page to find the best rates.
Where is the best place to find a high interest savings account?
There are very few banks with high interest savings account. At best you can get an account with abotu 1% to 2% interest. Ally bank offers accounts and CDs with these rates and at times have specials for 5% lock in rates.
Where can I find U.S. Bank saving account interest rates?
U.S. Bank savings account interest rates are available at their branches and are published on their website. To find rates for your area online, go to https://fastapp.usbank.com/fastapp/en_us/requests/savingsRates.jsp There are a number of places to get U.S. bank savings rates. First, newspapers around the country publish them in their business section. There are also a number of websites that publish savings rates, including Bankrate.com and Bankaholic.com.
