Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Comments and Questions

Rate Chasing Seems Harmless Enough, But It Can Quickly Become Perilous

Tuesday, December 17, 2013 - 8:10 AM
By Ari Socolow

"A recent experience I had with an online bank after they lowered their online savings rate demonstrates how perilous rate chasing can quickly become."

http://www.bestcashcow.com/articl...come-per..
10
ShorebreakShorebreak2,365 posts since
Apr 6, 2010
Rep Points: 12,596
1. Tuesday, December 17, 2013 - 8:36 AM
Not only that, but it is a pain in the butt to open up Bank accounts and transfer money when they are part of a family trust.
4
dpandslemmendpandslemmen22 posts since
Feb 10, 2011
Rep Points: 107
Reply