Best Online Savings, CDs, and Money Market Rates

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  • Home
  • Savings
  • CD Rates
  • Mortgages
  • Bank Games
    • Bank Game: Financial Football
    • Bank Game: Road Trip to Savings will Make or Break You
    • Jet-Ski Your Debt Away
  • Articles
    • We Are Rich
    • Time or Money
    • 7 Correct Money Principles
    • A Penny Saved Is A penny Earned
    • Slash Spending – Boost Your Money Market Account
    • Save Money on Household Utilities by Going Green
    • Saving Money and Sanity with Realistic Savings Goals
    • Money Resolutions: 3 Steps to Keep Them
    • How to Earn 13 Times the National Average Savings Rate FDIC Insured
    • 3 Easy Rules for Saving Without Budgeting
    • Budget According To Priorities Not Impulses
    • How Market Linked Certificates of Deposits Work
    • 15 Money Saving Tips That Will Beef Up Your Savings Account
    • Simple Steps to Getting a Savings Account
    • Savings Tips for Thriving in the Recession
    • 10 Simple Ways to Save Money Now
    • Real Money Saving Tips- From Real People
    • Just What Is a Savings Account?
    • What is a Rainy Day Savings Account?
    • Money Market Account vs. Savings Account Comparison
    • How to Find and Reduce Hidden Expenses
    • Is Your Bank Doomed to Fail? 5 Ways You Can Protect Your Savings Account
    • Traditional IRAs

Why You Need To Open An Ally Money Market Account

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A great way to grow your money is by investing it into the Ally money market account. Ally Bank has continued to provide customers with high interest rates on savings accounts and remain at the top of online comparison charts for their higher interest rates and excellent account features. When you open a money market account with Ally Bank, here are a few of the features you can expect to see: No minimum deposit requirement No fees to maintain the account Daily compounded interest FDIC … [Read more...]

Filed Under: Money Market Accounts  Tagged: Ally Bank, Ally money market, ally money market account, best banks, compare money market rates, deposit requirements, highest interest rates for money market accounts, interest rate, interest rates, money market account, money market rates, online banks, online comparison charts, savings account, savings accounts, traditional savings account

Tips To Comparing Online Savings Rates

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A great way to help you save money is by comparing online savings rates to find out which online banks are going to provide you with the best ability to grow your savings. A quality bank will offer you the best interest rate on savings accounts and other investments but they can also offer you other features as well like low or zero account fees and balance requirements, quality customer service, and easy to use websites. Investigate every bank on the comparison charts in order to become … [Read more...]

Filed Under: High Yield Savings Account, Savings Accounts  Tagged: best banks, best online bank, compare online savings rates, money market, money market account, online banks, online savings accounts, online savings rates, savings account, savings rates, standard savings account

Earning More With A High Interest Rate Money Market

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How much money is your high interest rate money market account providing you with? If you do not compare rates often, you could be losing out on a lot of earnings with your money market account. Using a money market account, you can greatly increase your savings just by adding money to the account each month. Many people use automatic deposits in order to help them grow their money market account. Local Bank Vs. Online Banks Many local banks will provide high interest rate money market … [Read more...]

Filed Under: Money Market Accounts  Tagged: account fees, balance requirements, best banks, high interest rate money market, higher interest rate, interest money, interest rate, money market, money market account, Money Market Accounts, online banks, save money, savings

ING Money Market Account – Now Capital One 360

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If you have a savings account, you need to consider transferring it over to an ING money market account. Recently Capital One merged with ING Direct.  At ING you will be able to earn up to 5 times the national savings rate, allowing you to maximize your investment in a hurry. A money market account is a great investment as it is relatively low risk and it does provide you with a great option to help you save money quickly. When comparing rates on money market accounts you will see that ING is … [Read more...]

Filed Under: ING Savings Account, Money Market Accounts  Tagged: best online banks, checking accounts, compare rates, high interest money market accounts, ING, ING Direct, ING money market account, interest rate, money market, money market account, Money Market Accounts, online banks, online savings accounts, save money, saving money, savings rate

Your Guide To The Best Online Savings

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How can you find the best online savings accounts? It is not an easy process so you need to use bank comparison tools that can help you to look at the interest rates, account fees, and many other things that will help you to open an account to maximize your ability to save. Typically people only search for the interest rate when they are comparing savings accounts. This can be a big mistake as you have to consider the account fees as they could reduce your potential to earn more money. Online … [Read more...]

Filed Under: Online Savings Accounts, Savings Accounts  Tagged: Ally Bank, bank comparison tools, best online banks, Best online savings, comparing online banks, comparing savings accounts, competitive rate, E-loan, FDIC, high interest money market account, ING Direct, online banks, online savings, online savings account, Sallie Mae

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APY

APY or the annual percentage yield is the real rate of return of an investment over a period of a year taking into account the effect of compounding interest.

Compound Interest

Compound interest occurs when the interest earned on an account is credited back to the account and then interest is earned on the new total balance.

Depositor Insurance

All banks and credit unions listed or reviewed on this site are either FDIC insured or for credit unions NCUA insured. Currently FDIC and NCUA insurance provide insurance up to $250,000 per depositor per institution.

National Average Savings Rate Calculation

The national average calculations were obtained from the Weekly National Rates published by the FDIC.gov website.

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