When one of my coworkers bought a Nissan Altima through USAA, I got curious about the bank. I latter realized that I being a non-military person can never open one account there. I inquired other who use USAA for their banking needs. Here’s my finding, enjoy the post. USAA provides many competitive financial products and services for its clients, most of who come from the military community. USAA stands for the United States Automobile Association. It was started early in the 20th century by army officers and it has grown to become one of the best financial service provider for…
Bank Account
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%…
The following is a guest review After a few years of just using high-interest savings accounts for all the money I had put away that I didn’t want to have in my transaction account, the time came where I thought I’d have enough funds to invest in a term deposit. I’d been in the workforce for the best part of ten years and had enough savings to make it worthwhile – still keeping my normal savings account open too, for emergencies. So, wanting my money to work a bit harder for me, I decided I could put $13,000 into a…
A little while back I had reviews Ally saving account. Here I am again on ally, this time it’s the Certificate of Deposit product that is in consideration. Ally, formerly GMAC, offers suit of banking products, from checking accounts, to CD and saving accounts. Ally offers average rates on CD accounts, and a various options. Their ‘no penalty’ CD allows you to take money out early without paying fees. The ‘high yield’ CD pays more, but has penalties if you cash out before maturity. Be careful before you apply for your account. If you are parking your cash for a…
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…
Not often we come across banks who has rate pledges, EverBank announces at its home site that the rates for its account holders would remain in top territory. EverBank’s Yield Pledge®Promise -We promise your rates will always be in the top 5% of competitive accounts at leading banks. That means they are ensuring that you will be still a top of saving bank/Money market investor with respect to yield, even if rates go down even further in future. I liked the pledge, frankly I haven’t seen any other bank doing that. As I mentioned in my Tiaa direct Review, banks…
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…
