The best savings accounts are the ones with the highest interest rates. Try an online bank like ING, they have low overhead and thus have much higher interest rates for accounts than traditional banks.
Some of the best banks with the highest interest rates for saving accounts are the Bank of England, the Bank of Switzerland, and various banks in the Cayman Islands.
One bank that has high interest rates for saving accounts is Capital One. Other options are EverBank, CIT Bank, Barclays Online Savings, SallieMae, and Discover.
Some of the fifty highest money market rates and high interest savings accounts can be found at many banks. For instance, PNC offers high interest saving accounts.
Currently (2009), interest rates on savings accounts are very very low. Different banks have different interest 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
The best savings accounts are the ones with the highest interest rates. Try an online bank like ING, they have low overhead and thus have much higher interest rates for accounts than traditional banks.
Some of the best banks with the highest interest rates for saving accounts are the Bank of England, the Bank of Switzerland, and various banks in the Cayman Islands.
One bank that has high interest rates for saving accounts is Capital One. Other options are EverBank, CIT Bank, Barclays Online Savings, SallieMae, and Discover.
Savings accounts with traditional banks typically do not have high interest rates. Banks such as Ally or ING Direct offer slightly higher interest rates that are approximately .75 to 1 percent.
Some of the fifty highest money market rates and high interest savings accounts can be found at many banks. For instance, PNC offers high interest saving accounts.
High yield saving rates are simply savings accounts that pay a greater amount of interest from the financial institution to the account holder. As such, these rates require a greater amount of money to be committed to accrue higher rates of return.
Currently (2009), interest rates on savings accounts are very very low. Different banks have different interest 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
A CD will pay higher rates than a saving accounts because they are very safe, even the best interest rates for certificates of deposits are lower than most other investment. in fact, the highest rates offered by very safe banks can be as much as 40% higher than national averages.
Go to www.bankrate.com and search for savings and money market accounts. You can organize the list by the highest yields.
The best saving account would be one that the bank does not charge you any fees and has a low minimum balance require. You will want to look for bank in your area and pick the one that has the best interest rates on saving accounts. Most of the time a credit union will have better saving account rates then big banks.
Yes, online savings accounts do work the same as brick and mortar banks. In fact you may find that some online banks pay higher interest rates and are more convient.
There are plenty of Saving Accounts that one can choose from. Many of these banks offer different interest rates, so it is important to shop around to compare the interest rates and fees. Two of the major banks that offer free accounts include the Presidents Choice accounts and the Tangerine bank, which was formally known as ING direct.