Moneytrackin' - Besparings tips: Earning higher interest on savings sitting in the bank

Earning higher interest on savings sitting in the bank

Sign up for a high interest savings account from an online banking company such as ING Direct. They offer higher interest rates compared to banks with branch locations because they don't have to pay to run the branches. Everything is done online or over the phone. Also in Canada you can sign up for a "tax free" savings account up to $5,000 per year, which allows you a bit of a tax break.

Tags: savings
Geplaatst op 15-10-2009 07:14 | 1 Commentaar | 0 Keer als favoriet toegevoegd | 0 keren gemarkeerd als ontoepasselijk

Commentaar

veemal

#1 I have account with ally.com. interest rate use to 5% then at moment its 2%

Thats better than the 0.25% that regions offer.
and they charge per transaction

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veemal

Geplaatst op 16-10-2009 18:52

Registreer om berichten te schrijven Of wordt lid hier