Archive for September, 2008
Dollar Savings Direct is offering an incredibly high interest rate for online savings accounts at 3.75% APY. While this online savings account interest rate is not as high as current CD rates, it is definitely higher than most brick & mortar banks and comparable online banks. They do require a low $1,000 minimum [...]
The FDIC (Federal Deposit Insurance Corporation) is a government institution that insures bank deposit accounts up to 100,000 in the event of a bank failure. Most people know that their normal savings, checking, or CD accounts are covered but there are ways of getting more coverage. If you have over 100,000 in investments then [...]
Washington Mutual (WAMU) has the best CD rates for 12 month CDs at an amazing 4.50% APY interest rate! This is a very high CD rate for a nationwide, reputable bank. This rate only applies to certificates of deposit accounts opened online and does NOT apply at their normal bank branches.
Only $1000 minimum [...]
1.25%
1.17%
1.16%