Searching for the best Deposit Rates?
We make it easy to compare rates from dozens of banks with one click. DepositAccounts.com provides the best rates from local national banks.
Read more...Transferring Money Between Banks Takes Forever
June 26, 2009
Technology is an amazing thing, isn't it? Just think of all the things we can do today that we couldn't do ten years ago... or even just five years ago! With all of this fantastic innovation, why in the world does it take several days to transfer money between bank accounts? Online savings accounts make it possible to earn higher interest than most of your traditional banks, but it comes at a price – waiting anywhere from two to seven business days to receive the money when you transfer it from one account to another.
Retirement Planning Tips
June 19, 2009
Planning for your retirement is something you'll do throughout most of your life (ideally!) A retirement plan...
Are Money Market Deposit Accounts a Good Way to Save for Retirement?
June 8, 2009
During times of economic recession, investments typically lose money and interest rates on savings account pro...
How to Use Certificate of Deposits as Part of Your College Savings Strategy
May 22, 2009
The cost of college education increases at a rate that far exceeds inflation. It is also much greater than th...
| Product | Lowest Rate | Highest Rate | Average Rate |
|---|---|---|---|
| $2,500 Savings Account | 0.05 | 2.30 | 0.58 |
| $10,000 Savings Account | 0.05 | 2.03 | 0.63 |
| $25,000 Savings Account | 0.05 | 1.72 | 0.61 |
| $50,000 Savings Account | 0.10 | 1.79 | 0.87 |
| Product | Lowest Rate | Highest Rate | Average Rate |
|---|---|---|---|
| Interest Bearing Checking | 0.01 | 3.00 | 0.33 |
| Product | Lowest Rate | Highest Rate | Average Rate |
|---|---|---|---|
| 3 Month CD | 0.10 | 1.80 | 0.85 |
| 6 Month CD | 0.20 | 2.00 | 1.17 |
| 12 Month CD | 0.50 | 2.35 | 1.49 |
| 18 Month CD | 0.50 | 2.35 | 1.59 |
| 24 Month CD | 0.70 | 3.00 | 1.87 |
| 36 Month CD | 0.80 | 3.10 | 2.19 |
| 48 Month CD | 0.95 | 3.76 | 2.41 |
| 60 Month CD | 1.00 | 3.87 | 2.66 |
| Product | Lowest Rate | Highest Rate | Average Rate |
|---|---|---|---|
| $2,500 Money Market | 0.03 | 2.02 | 0.58 |
| $10,000 Money Market | 0.03 | 2.00 | 0.78 |
| $25,000 Money Market | 0.03 | 2.00 | 0.91 |
| $50,000 Money Market | 0.04 | 2.05 | 1.03 |
| Product | Lowest Rate | Highest Rate | Average Rate |
|---|---|---|---|
| 3 Month IRA | 0.25 | 1.64 | 0.94 |
| 6 Month IRA | 0.20 | 2.00 | 1.10 |
| 12 Month IRA | 0.50 | 2.33 | 1.40 |
| 18 Month IRA | 0.35 | 2.35 | 1.46 |
| 24 Month IRA | 0.70 | 2.65 | 1.81 |
| 36 Month IRA | 0.80 | 3.10 | 2.11 |
| 48 Month IRA | 0.95 | 3.45 | 2.33 |
| 60 Month IRA | 1.21 | 3.65 | 2.56 |