Comments on: Highest Interest Rates on Online Savings Accounts http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/ Best Rate CDs - Find the Highest certificate of deposit rates Wed, 07 Jan 2009 01:25:24 +0000 http://wordpress.org/?v=2.3.2 By: Best CD Rate Finder http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/#comment-299 Best CD Rate Finder Fri, 03 Oct 2008 17:55:27 +0000 http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/#comment-299 I would be careful about putting your money in non US accounts without the help of a broker. Even though they claim to have insurance that is "similar" to FDIC, that doesn't mean that you will be able to get your money back in the event of a disaster. Larger returns generally mean greater risk. They claim you can get about 18-20% APY. This sounds sketchy to me and I would advise against it since you likely have no legal course of action since this transaction is taking place outside of the USA. Now if you live in the Philippines then maybe this is a valid offer-I don't have any additional insight there. I would be careful about putting your money in non US accounts without the help of a broker. Even though they claim to have insurance that is “similar” to FDIC, that doesn’t mean that you will be able to get your money back in the event of a disaster.

Larger returns generally mean greater risk. They claim you can get about 18-20% APY. This sounds sketchy to me and I would advise against it since you likely have no legal course of action since this transaction is taking place outside of the USA.

Now if you live in the Philippines then maybe this is a valid offer-I don’t have any additional insight there.

]]> By: High Interest CD http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/#comment-298 High Interest CD Fri, 03 Oct 2008 12:17:23 +0000 http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/#comment-298 I stumbled upon a very high interest cd (certificate of deposit) in the Philippines. Company is Themoneymakers. Does anyone have more information on this offer? I stumbled upon a very high interest cd (certificate of deposit) in the Philippines. Company is Themoneymakers. Does anyone have more information on this offer?

]]> By: Bill R. http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/#comment-296 Bill R. Tue, 30 Sep 2008 13:30:49 +0000 http://www.bestratecds.com/2008/highest-interest-rates-on-online-savings-accounts/#comment-296 Thanks for the rate information. I'd like to point out that UnivestDirect.com also offers a competitive rate of 3% APY, No Fees, $1 to open an account, $1 minimum balance, free interbank transfers and easy to read electronic statements. Furthermore, the bank has 30+ branches in Pennsylvania and remains strong, even with the problems in the current financial markets. Thanks for the rate information. I’d like to point out that UnivestDirect.com also offers a competitive rate of 3% APY, No Fees, $1 to open an account, $1 minimum balance, free interbank transfers and easy to read electronic statements. Furthermore, the bank has 30+ branches in Pennsylvania and remains strong, even with the problems in the current financial markets.

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