I’ve become really frustrated with banks over the last few years. It seems that it’s become harder and harder to find ones that offer savings accounts with decent interest rates. The bank that I’ve dealt with the longest used to have decent savings account plans but now I want to make anything more than perhaps 0.010% interest I have to maintain an account balance over $2,000, and even I maintain a bank balance of two thousand dollars it only bumps up my interest to a whole 1%.
Banks have to understand that not everyone can maintain a high balance just to earn some interest.
Now, having said all of that I have come across a site that makes it easier to find accounts that offer higher interest on lower balances. You can compare online banking, find a savings account or checking account and earn more interest today with SavingsAccounts.com. Several of the banking institutions listed on the site offer decent interest rates for low balance accounts.
I only wish that I’d discovered this site a few years ago when I was desperately searching for a bank with decent interest rates. I did eventually find one on my own, and it does happen to be one of the banks listed on the site, but it would have been so much easier to visit a site such as SavingsAccounts.com right from the start in order to begin earning decent interest on my money.
One of the banks listed offers interest rates as high as 6% on accounts with no minimum balance. Go visit SavingsAccounts.com now to see which bank I’m talking about.
That’s really handy! I just made a post on ING’s interest-yielding checking account! It doesn’t yield as high as 6% (it’s actually 4%) but nice snce it’s a checking account.
You must be careful, many accounts offer a high interest rate, but how much of this is taken away with inflation and tax. Sometimes, you may actually be losing money, especially if you are required to pay a monthly fee!