Barclays is a British multinational bank. This bank has head quarter in London, U.K. this bank operates in 50 different countries across Africa, Europe, Asia, North America and South America. Barclays bank is fourth largest bank in the world. Recently Barclays launched online high yield savings account in America. Barclays Saving account product targets US consumers with an instant access saving bank account and longer-term CD products that pay interest rates of up to 1.75 per cent for five-year deposits. Barclays Saving Account/CD rates Term APY Online Savings2 N/A 1.00% Online CDs 6 Months 0.60% Online CDs 9 Months 0.70%…
Banks
Let’s make this a different review this time, apart from merely stating the facts about the accounts we will tear apart and compare the good and bad points of PerkStreet platinum Visa debit card. It’s a debit card Pros – No credit needed to apply, you can’t spend more than what you have as charge would get denied if you over charge.You can easily avoid debt. Since it’s a debit card, you do not need high interest cash back from credit cards. Withdrawing money from ATMs is fee free as long as the ATM is within Star/Visa network. PerkStreet claims…
One of the first things you should do before opening a savings account on any bank is to see if it is FDIC insured, and Ally is, so cross that off the list. The next step is to see if you are losing any money by opening the account on that bank, so check the annual percentage rates for savings accounts for several banks. And Ally has that covered too. On their website, they will show you the rates from several banks. As of February 20, 2012, Ally has the best rates compared with HSBC Advance, ING Direct, Bank of…
I read the news on one of the personal finance websites. There’s someone offering 1.25% APY on saving account! Got curious and started with my investigation. The first thing that stuck out to me for Tiaa Direct saving account was a PO box for a bank’s address! I mean, are you kidding? I haven’t seen a bank’s physical address pointing to a PO box! I decided to read, experience and then write a review about TIAA Direct savings account. One good thing, this bank TIAA Direct is TIAA – CREF group company. Tiaa CREF is a reputable name in teachers’…
Savings accounts, particularly fancifully called “high-yield” savings accounts, are best for keeping your emergency fund or keeping money which you’ll need in a year or two. Any money that you don’t want to subject to the short-term risk and volatility in the stock market should be held in a savings account, earning as much interest as possible. “High-yield” is not really a “high” yield these days; even in 2006/2007 4% and 5% interest rate from an online saving account like Orange or EmmigrantDirect were common. Today, the best rates are all below 1.5% while only a select few are offering…
Aurora Bank FSB has an impressive record to begin with. It received a five out of a five star rating system from DepositAccounts.com, which speaks highly of the bank’s performance, at least until the third quarter of 2011. But that’s about bank’s health, when I tried to open an account, I met with their rates. Which is as below. Savings Account Rates Average Daily Balance Interest Rate APY* $1.00 – $999.99 0.00% 0.00% $1,000.00 + 0.25% 0.25% As for deposits, one can do better than the 0.25 APR Aurora Bank is offering for its savings account. While it is at least…
