Top Online Savings Accounts: November 2009
November 6th, 2009 Posted in Checking Accounts, money market accounts
Despite the consistent downward trend in CD rates over the last several months, online savings accounts have (at least momentarily) stabilized. In fact, a select few have even seen their rates increase, albeit from abysmal levels to begin with. Etrade, for example, was providing a yield of 0.60% APY for a few months this past summer and has since seen it’s interest rate rebound to 0.95% APY.
Online savings accounts, in general, function the same way as money market accounts do and are sometimes even synonymous. The most notable benefits of online savings accounts are their flexibility, lucrative returns, and FDIC protection. Most people, especially those who carry a large balance on their checking accounts, tend to opt for these particular accounts in order to have their idle cash earn some extra interest. <
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Tags: 2009, November 2009, Online Savings Accounts, Savings Accounts
The past few days have brought on a smattering of welcome news, not only for the US economy, but also for consumers and businesses which need good news the most. First, after months-long debate, the Senate finally passed the bill on jobless benefits extension and expansion of tax breaks for homebuyers.
Then, the latest economic data released shows that new jobless claims drop to the lowest level for this year, while the retail industry saw its second straight monthly sales gain after a year-long decline. Could consumers perhaps be opening their wallets again, finally ushering in much anticipated economic activity?
Increased economic activity is certainly something that we hope will come soon enough. Because only then would we be able to expect deposit interest rates to rise again.
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HSBC Malaysia General Investment Account i
presents HSBC Malaysia General Investment Account i.
HSBC Malaysia General Investment Account i quoted here are subject to change without any notice. Read more…
Tags: Account, General Investment, General Investment Account, Investment Account
Take advantage of competitive rate tiers from Denver Community Credit Union:
- 2.75% APY – 60 month CD
- 2.40% APY – 48-59 month CD
- 2.10% APY – 36-47 month CD
- 1.85% APY – 24-35 month CD
- 1.30% APY – 12-23 month CD
- 1.00% APY – 6-11 month CD
- 0.65% APY – 3-5 month CD
The minimum opening deposit is $100. Visit the site for a full list of CD rate tiers. Certificates are automatically renewed once they reach maturity. Early withdrawal fees applicable.
To become a member of Denver Community Credit Union, you must live, work, volunteer, worship or attend school in the city or county of Denver.
>> CD Promotional Rates
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
Tags: Community Credit Union, Credit Union, Rate Tiers, Tiers
Bank of America thinks that it has found the right marketing campaign to attract the modern banking consumer. Overall, customers today are not so happy with their banks. Everywhere in the news are complaints about overdraft fees, and our review pages are generally filled with more bad news than good. Much of this can be blamed on the fact that consumers do not feel like there is much transparency in the banking world, and are having a hard time trusting large banks who have required taxpayer money to stay afloat; they very rarely know what is going on with their bank until it already happens, and so want to know firsthand what they can do to be more informed.
Bank of America’s New Campaign
Bank of America is trying to do away with this closed image of banking with its new, $40 million ad campaign that attempts to portray the Bank as more open and transparent. Poin
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Tags: Banking, Promotes Banking