what is the interest rate for a savings account in oklahoma city?

Answer 1

On June 29, passbook savings rates in Oklahoma City ranged from a low of 4.16% to a high of 4.91%.

Answer 2

The banks and credit unions will all be a bit different and whether or not you are talking about a basic savings account, an interest bearing checking account, a CD, or money market, as well as how much you have to put into the account and how long you are willing to commit to leaving it with the bank ALL impact how much interest.

www.bankrate.com will give you a good idea of current rates for different types of accounts.

But I have a better idea, one that pays as well as the high dollar minimum CDS with no minimum and no time commitment or penalties. Want to know what it is?

www.paypal.com

Yes..the same service that people use to shop on ebay offers an amazing savings deal. Current rate is around 4.85% and they will give you a Mastercard Debit card, that returns a percent and a half to you everytime you use it as a credit card. To fund it, you connect it to your existing checking account and move money back and forth at will using the website.

Other online banks offer nearly the same rate, and fund the same way but don't offer the payback on the debit card or other payment options paypal offers. Check with ingdirect.com as well.

Your last option is a money market fund at a brokerage or mutual fund firm. Most have minimums, but will set you up with a checkbook (there is sometimes a maximum number of withdrawals per quarter) if you want one. They will pay about the same as CDs without the restrictions.