I currently bank of Bank of America. I am disappointed in their low interest rates and am thinking of switching to a brokerage or mutual fund firm that handles checking and savings accounts as well as retirement funds. Can anyone recommend one that yields a decent rate of return with low fees? I'm also thinking of possibly linking a Capital One 5% money market savings account to my existing accounts. Does that make sense to do?
2007-02-27 13:09:56 · 2 answers · asked by dancergalny 2 in Business & Finance ➔ Personal Finance
I was considering ING Direct, CapitalOne and HSBC online account. I am going with CapitalOne because I have a company credit card with them and love their service so far so I am looking to build a deeper relationship with them.
Getting more than 5.5% in the US is hard on these kinds of accounts but atleast that is better than the pittance most banks give.
Check out http://www.bankrate.com for rate comparisons as well as all the fine print and good luck.
2007-02-27 13:16:19 · answer #1 · answered by David M 3 · 3⤊ 0⤋
Banks are coming out with promo rates constantly, so it's hard to say. ING always tends to be very competitive.
2007-02-27 14:32:05 · answer #2 · answered by Rob D 5 · 1⤊ 1⤋