2007-10-20 10:35:10 · 4 answers · asked by Gordon H 1 in Business & Finance ➔ Investing
Honestly, they change so often, and you probably have better things to do with your life than to chase after a couple basis points of yield. Look at the services you desire and consider amoung these:
Bank CD - higher yields & FDIC but not liquid, your money is locked up for a term
Bank Money Market- more liquid & FDIC but not the best rates.
Money Market Mutual Fund - Min usually $1,000.00, better rate than Bank MM, but not FDIC, usually can get checkwriting for checks of at least $250.00
Now Accounts - Bank checking account with low interest rate, FDIC, checks, debit cards, but usually a high minimum balance.
Online Savings - ACH (approx 3 day) transfers to & from linked bank account, usually FDIC, HSBC has ATM cash only card (can't be used a debit card).
Paypal - Debit card, and payments at certain online marketplaces (especially its parent eBay). Good rate, but no FDIC.
2007-10-20 16:35:26 · answer #1 · answered by tiescore 6 · 0⤊ 0⤋
al banks are good for interest.
2007-10-20 11:00:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It would be good to know which country you are coming from, dude. Strange as it may seem, there are a few more.
2007-10-20 10:44:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋
http://www.bankrate.com/brm/rate/chk_sav_home.asp
2007-10-20 11:33:48 · answer #4 · answered by jeff410 7 · 0⤊ 0⤋