Most people have a savings account of some kind, and if you do then your bank probably gives you about a 1.5% annual return on the money you keep in your bank account. The national average interest rate for a savings account is generally between 1.5% and 2.5% which is ok I guess if you ...
When it comes to finding a place to store your savings, you have an amazing amount of options. You can put it in a mattress, take it down to the local bank or credit union, or if you’re technically savvy, you can open an online savings account. Many people have become attracted to these high-yield ...
In the last few years, there have been dozens of new high-yield savings accounts which offer online access. These banks have attempted to copy ING Direct’s success in the online savings world. One of the latest entries into this market is IGO Banking. They have created a savings account similar to the other high-yield savings ...
Business owners usually cannot get the same interest rates as private individuals on a savings account. To still get an attractive rate, they have to go an extra mile. The reason that business savers are at a disadvantage over individuals, is that savers are willing to open an account with a bank when it offers ...
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