3.0
The average savings interest rate in banks is 3.5 to 4%
You have several banks to choose from for a good rate. I would use Bank of America.
RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.
Banks offer high yield savings accounts to customers by investing the deposited funds in various financial instruments that generate higher returns, such as bonds or money market accounts. This allows banks to pay customers a higher interest rate on their savings compared to traditional savings accounts.
The savings rates offered by the banks vary from country to country. In US, Ally Bank is the most famous bank that offers the highest savings rate. The American Express is the second best bank in terms of offering highest savings rates.
The average savings interest rate in banks is 3.5 to 4%
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.
There are several banks that offer high rate savings accounts. Some of the best options for high interest rate accounts are through TD Canada Trust, Scotiabank and Bank of Montreal.
You have several banks to choose from for a good rate. I would use Bank of America.
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.
RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.
One can find online savings account interest rate for UK banks from Moneysupermarket, Love Money and Money websites. One can use these sites to compare the different interest rates for the saving account for UK banks online.
The best money rate available for savings accounts currently varies depending on the financial institution and the type of account. It is recommended to compare rates from different banks and credit unions to find the highest rate for your savings.
Banks offer high yield savings accounts to customers by investing the deposited funds in various financial instruments that generate higher returns, such as bonds or money market accounts. This allows banks to pay customers a higher interest rate on their savings compared to traditional savings accounts.
The savings rates offered by the banks vary from country to country. In US, Ally Bank is the most famous bank that offers the highest savings rate. The American Express is the second best bank in terms of offering highest savings rates.
In India as of November 2011, the interest rates are 4% or above. banks can essentially set the rate of interest they choose to pay for money held in savings accounts to their customers
Someone can find a bank savings rate by visiting their local national banks, such as the Royal Bank of Canada, TD Canada Trust, Bank of Montreal, or Scotiabank.