Has anyone used or uses internet savings accounts? What are your experiences and how do they work? Is it tryustworthy? I am looking to to open a savings account for my teenage son
2006-08-14 07:18:38 · 6 answers · asked by greenie 6 in Business & Finance ➔ Investing
Sure, the paypal money market account is great, pays 5% interest, and you can transfer $$ back and forth to your checking account at any time. No minimum or transfer fees.
2006-08-14 08:50:10 · answer #1 · answered by Yardbird 5 · 0⤊ 0⤋
I personally use EmigrantDirect. It works great, but it's only a savings account (and CDs). As long as they're FDIC insured, they're just as safe as your neighborhood bank. They generally (but not always) offer better interest rates on savings accounts, though some small local banks will match or exceed them.
They're quick to open and of course accessible anywhere anytime. But you usually need a checking account at a different bank to transfer money into and out of it.
2006-08-14 10:55:46 · answer #2 · answered by sjoschko 3 · 0⤊ 0⤋
Hi, i know what your question means. i also think stock market is a nice place for investing.
I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.
http://www.bernanke.cn/stock-trade/
Best Wishes && Good Luck!
2006-08-14 17:28:04 · answer #3 · answered by stock_trade_expert 3 · 0⤊ 1⤋
yes, I used etrade Cd, it gave me preety good rate about 5% in 3 month CD
2006-08-14 18:58:01 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
i dont have such ac
2006-08-17 06:15:39 · answer #5 · answered by sahil_mohd521 2 · 0⤊ 0⤋
i have used. it is good. proceed.
2006-08-14 07:23:21 · answer #6 · answered by prince47 7 · 0⤊ 0⤋