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February 8th, 2008, 11:58 AM #1Best Interest Rate For Savings
Can you earn a decent interest rate on your money these days? My bank has a high yield CD with a a rate of 3.6%. I would think I could do better...
February 8th, 2008, 12:09 PM #2
That's about the best you can do right now with a CD or money market. Maybe 4%. Maybe a bit higher with a teaser intro rate. But I don't think you'll find anything significantly higher.
February 8th, 2008, 04:34 PM #3
I havent set it up yet but I heard that e trade has over 5% rates for savings plans..
Edit: Just checked and not quite 5% but pretty damn good: https://us.etrade.com/e/t/banking/savings
February 8th, 2008, 05:21 PM #4Daniel M. Clark
Greg Hoffman Consulting
February 8th, 2008, 06:06 PM #5Better Returns...
I would say you could do much better by shorting stocks in the market right now! The slump shows no signs of stopping...
February 8th, 2008, 07:06 PM #6
I didn't think about eTrade. Savings account is at 4.4%. Nice.
February 9th, 2008, 02:29 AM #7
I am currently getting 4.99% on my savings, but I have to keep a certain balance to get it.
February 11th, 2008, 11:51 AM #8
Local branch of superior has 6 month cd at 4.9 with set balance to open
ing is going along at over 4 now for a while.
February 11th, 2008, 12:56 PM #9
I have a Blue card from amex. 1% of my purchases go to their no minimum balance savings account, currently paying 4%. You can also make deposits into the account.
I've found its a great way to save money without realizing that I'm doing so.Joseph Lilly
PartnerWeekly, LLC 702.407.0707 joe.lilly at partnerweekly.com
February 12th, 2008, 09:44 AM #10
I am not familiar with this bank, but they are offering 5.15% with $1000 minimum balance.
Countrywide Bank is offering 4.75% with a $10,000 minimum balance.
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