The Dollars and Sense of a Dollar Savings Direct Online Savings Account

In three words: fantastic interest rates.  As you compare online savings accounts, a high yield savings does not get much higher than 1.20% APY. DollarSavingsDirect hosts one of the best savings account. As one of the highest saving rates available, an online bank account from Dollar Savings Direct is a no-frills way to maximize your return.  While DollarSavingDirect.com leaves a lot to be desired in terms of easy access to information.  However, the company has been in business for over 160 years and there is strength in both its history and its track record as one of the best bank financial institutions in the nation.  And as… [Continue Reading - Dollar Savings Direct--Best Savings Rate--Plain and Simple]

Top 100 Money Market Account, Highest Yields

Nationwide Bank does a lot of things well and having one of the best money market rates is part of their tradition of excellence.  Bank Rate, an independent interest rate comparison website, named the Nationwide money market account “Top Tier, 100 Highest Yields” for the first quarter of 2010 (second quarter rankings are not yet available).   And since the purpose of a money market account is to marry maximum flexibility with the highest current money market rates, you can feel confident you will have frequent access to your money while it is growing at one of the fastest rates available.  There is a minimum opening deposit and daily balance requirement of $1,000.

Benefits of a Nationwide Bank High

Superior Interest Rates, Superior Savings

You work hard enough for your money so Discover Bank gives you the best savings account interest rates—at five times the national average of regular savings accounts.  Not only do you earn the best interest rates, but the account is super easy to open with a mouse click to the online form or a telephone call to their equally superior customer service team.  In case you are skeptical of the claim “five times” the interest of your savings account, Money Magazine has distinguished Discover Bank time and time again as one of the best online savings accounts available today.  Not only are… [Continue Reading - Online Savings Accounts from Discover Bank]

No matter what your long term saving goal is, a State Farm Bank CD is the solution.  These high rate cds are the perfect blend of safety and growth to meet your goals.  State Farm has four options from which to choose: Fixed Rate, Roth IRA, Traditional IRA or Coverdell Education plans.  All State Farm Bank CD accounts are backed by the FDIC. State Farm’s Certificates of  Deposit interest rates are compounded daily and credited at maturity if  the term is 12 months or less.  On their website, State Farm does not quote APY rates unless you enter in your zip code. We tested three zip codes and came up with the… [Continue Reading - Got Goals? Meet State Farm Bank CDs]

The Ally Bank Money Market Account

Saving when you need to spend or spending when you need to save—sometimes it is hard to know your top priority at the moment. An Ally Bank Money Market Accounts can take the confusion out of managing your money because it earns high interest rates—often better than standard savings accounts—but with the flexibility of a paper checks or a debit card in one simple account. It is simply one of the best money market accounts available.

How Ally Money Market Works

Ally Bank has made money market accounts almost foolproof. There is no minimum balance to open an account but the moment you open it, it begins earning interest better than most savings accounts. The current… [Continue Reading - The Totally Free Money Market Account from Ally Bank]