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A 1% annual percentage yield is likely to be the best interest rate for an online savings account. Barclays, who launched an online bank for customers in the US in May of 2012, has a 1% rate.

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What was the interest rate on a savings account in 1995?

In 1995, the average interest rate on a savings account in the United States was around 5-6%. Rates varied by institution and account type, but the overall trend reflected relatively higher interest rates compared to recent years. Economic factors, including inflation and Federal Reserve policies, influenced these rates during that period.


What was the savings interest rate in 1987?

In 1987, the average savings interest rate in the United States was approximately 5.25%. This rate varied depending on the financial institution and type of account. The economic conditions of the time, including the Federal Reserve's monetary policy, influenced these rates.


Average us savings account?

It has been estimated through surveys that the average United States savings account has around $6,000. This can change each year.


How is a money market savings account different than a regular savings account Can I make more money in it?

A simple savings account generally pays the owner a set amount of stated interest on his or her deposits based upon an particular annual rate. Money market savings accounts typically require higher balances and limit monthly transactions, but generally do pay a higher interest rate. Both kinds of accounts are guaranteed in the United States by the FDIC and NCUA.


What financial services do colonial savings offer?

Colonial Savings Bank offers friendly tellers, great interest rates, loans, and totally free checking with a minimum balance. Colonial Savings has branches throughout regions of the United States.

Related Questions

What was the interest rate on a savings account in 1995?

In 1995, the average interest rate on a savings account in the United States was around 5-6%. Rates varied by institution and account type, but the overall trend reflected relatively higher interest rates compared to recent years. Economic factors, including inflation and Federal Reserve policies, influenced these rates during that period.


What was the savings interest rate in 1987?

In 1987, the average savings interest rate in the United States was approximately 5.25%. This rate varied depending on the financial institution and type of account. The economic conditions of the time, including the Federal Reserve's monetary policy, influenced these rates.


Average us savings account?

It has been estimated through surveys that the average United States savings account has around $6,000. This can change each year.


How is a money market savings account different than a regular savings account Can I make more money in it?

A simple savings account generally pays the owner a set amount of stated interest on his or her deposits based upon an particular annual rate. Money market savings accounts typically require higher balances and limit monthly transactions, but generally do pay a higher interest rate. Both kinds of accounts are guaranteed in the United States by the FDIC and NCUA.


What is the interest rate on a savings account at United Bank in Virginia?

This question is impossible to answer, as interest rates constantly fluctuate. The interest rate on a savings account today will not necessarily be the same tomorrow. Therefore, unless an exact date is pinpointed in the question, there are too many variables to give an accurate answer.


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.


What is the golden rule insurance?

The Golden Rule Insurance is a United Health Care company that offers Health Savings Account (HSA). It is based in the United States in Indianapolis, Indiana.


What financial services do colonial savings offer?

Colonial Savings Bank offers friendly tellers, great interest rates, loans, and totally free checking with a minimum balance. Colonial Savings has branches throughout regions of the United States.


What bank gives the highest savings rate?

wamu is the best right now with a 3.30 With a lot of banks, the rate can differ based on the type of savings account and the minimum balance required.


Where can I find the best savings rates for banks in the United States?

You can find this online on BANK CD RATE SCANNER. It provides the Highest bank Savings Account, Checking Account, Money Market Account and IRA rates and Top FDIC-insured bank account rates. It is updated daily. It can be found on http://bankcd.com/


When you buy a united States savings bond you?

When buying a United States saving bond you have to sign papers. This savings bond is there to keep until you come to age.


How does one get a healthy savings account?

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP).[1][2] The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), funds roll over and accumulate year to year if not spent