What are the highest interest rates for savings and fixed deposit and in which bank? Which country? Can foreigner open accounts in these banks?
2006-06-18 01:44:47 · 8 answers · asked by jlryan87 2 in Business & Finance ➔ Personal Finance
US Banks have been paying the most interest. Foreigners have been buying US debt and investing in US banks forever.
Currently Zions Bank (866-7618349) offers a savings account paying 3.50 % when $20,000 is deposited. Smaller amounts give less interest.
CD's are generally available paying 5.32 % with a deposit of only $1000.00 and held for 1 year.
Both of these quotes are FDIC insured.
Check on Savings and CD Rates by typing in BEST CD RATE or BEST SAVINGS RATE into your Yahoo Search.
2006-06-18 02:04:33 · answer #1 · answered by jerry806 4 · 0⤊ 0⤋
Call around and ask. The rates can change, so start calling every couple of months or so and see which banks have the best rates with the lowest fees (don't forget to ask about fees). Ask about their different types of accounts too. Some banks offer free checking/savings to students, but have fewer abilities (limited number of checks can be written/limited number of withdrawals, etc.) Start calling around and tell them that you're looking into opening an account. Tell them how old you are. Some may be rude to you, but that lets you know how they treat people and customer service is very important in a banking relationship. The banks that have better customer service generally treat you (the customer) and your money better.
2016-05-20 00:10:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Fixed ratees currently in the US are rathre low 3-6%. Accounts in which you can open an account depends on your Nationality.
2006-07-01 20:48:21 · answer #3 · answered by CrzyCowboy 4 · 0⤊ 0⤋
Go to www.bestrate.com for U.S. banks. You can open an account here as long as you have some sort of tax i.d. number (like a social security number).
2006-06-18 01:49:44 · answer #4 · answered by MadforMAC 7 · 0⤊ 0⤋
Interest rates are a factor of the supply and demand for money. So, the answer is...it depends.
2006-06-28 09:49:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Check out Bankrate.com
2006-06-18 01:57:41 · answer #6 · answered by ndvsne1 4 · 0⤊ 0⤋
Try paypal moneymarket, you just keep you money there (anything) and you get almost 5% BUT i believe you need a SS number.
2006-06-18 04:20:27 · answer #7 · answered by excel 2 · 0⤊ 0⤋
the white card
2006-06-28 06:58:08 · answer #8 · answered by mrs.smith 2 · 0⤊ 0⤋