Securing the right interest rate for a banking product can make the difference between seeing a boost in savings or watching your hard-earned cash drain away. Whether you’re opening a deposit account or borrowing funds, you want to make sure you secure a rate that will leave you with the most money possible.
Banks and credit unions in Las Vegas make a special effort to offer their residents the best interest rates on all products. GOBankingRates helps you find the best interest rates in Sin City by making them available in one convenient location.
Interest Rates for Deposit Accounts
If you’re interested in opening a deposit account (savings, checking, certificate of deposit), it’s good to know what types of rates are considered the best.
With deposit accounts, you want to seek banks or credit unions offering the highest annual percentage yield (APY) available since this means you will earn higher dividends on your deposited funds.
It’s good to note that specific factors can contribute to the rates being offered by financial institutions, including dollar amount deposited, length of term (for CDs) and the ability to meet specific monthly requirements.
Rates for Loans and Credit Cards
When applying for a loan (mortgage or auto) or credit card, you always want to seek the lowest annual percentage rate (APR). This ensures that you owe the lowest amount possible to your bank.
Factors that can impact the APR include your credit scores and reports, monthly income and down payment (for mortgage and auto loans).
Explore rates and special deals via GOBankingRates today to secure the best interest rates in Las Vegas.