SAVINGS ACCOUNT RATES » Savings News
The MonuMINT and ManageMINT savings accounts at The Mint National Bank comes with a number of competitive tiers, including 1.85% APY for balance accounts holding $10,000 - $49,999.99. All savings tiers include:
- 2.10% APY on balances of $50,000 or more
- 1.85% APY on balances of $10,000 - $49,999.99
- 0.75% APY from up to $9,999.99
Interest compounds daily and posts monthly. The bank is located in Kingwood, TX.
Other Terms and Conditions may apply to this offer - please contact the financial institution to review.
A new message on the SFGI Direct website suggests that it will no longer accept new applications starting Nov. 6, 2009. The message says that it will remove the "Apply Now" button from its site on that day.
The reason the site gives for removing the button is that it has "chosen a strategy to slow account growth by limiting the application process for new clients instead of dramatically cutting the rates on loyal customers."
The site thanks readers for their interest in the bank and recommends checking back periodically to see if it is accepting new applicants again. The rate for the savings account listed as of Nov. 5th was 2.25% APY with a $500 minimum.
Other Terms and Conditions may apply to this offer - please contact the financial institution to review.
Bank of American Fork has lowered its SmartSavings Direct top tier rate to 1.55% APY . The previous rate was 1.60%. The current breakdown of tiers is as follows:
- 1.55% APY - $250,000 +
- 1.50% APY - $1,000 - $249,999.99
- 0.50% APY - $10 - $999.99
A minimum opening deposit of $10 is required. No...
Read Full Article: SmartSavings Direct Rate Lowers to 1.55% APY Bank of American Fork in Utah
A new study has found that sending people cellphone reminders via text messaging has helped increase savings balances by 6 percent. The study was conducted at Dartmouth University and looked at the difference it made to be reminded that you need to save your money.
The Basics of the Study
The...
Read Full Article: Text Messages in Developing Countries Boost Savings Could it Work in the U.S.?
If you're looking for a reasonable savings rate, Danversbank is offering 1.50% APY on the DBK Online Savings Account . Some details of the account include:
- $1 minimum to open
- $.01 balance to earn APY
- Receive Danversbank ATM card
- Use online or telephone banking
Initial funding for the account is...
Read Full Article: Danversbank in Massachusetts Offers 1.50% APY High-Yield Savings Account
(Photo by Phoney Nickle at flickr)
When you are in your early 20s, the idea of financial planning may seem overwhelming, even impossible.
Chances are, you are working at an entry-level job and struggling to make even your basic expenses, such as groceries and utility bills. When you add cell...
Read Full Article: Keys to Financial Success in Your Early 20s
First Financial Federal Credit Union is offering an impressive list of tiers for its Money Manager Savings Account . The rate tiers are as follows:
- 2.40% APY - $100,000 or more
- 2.00% APY - $50,000-$99,999.99
- 1.80% APY - $10,000-$49,999.99
- 1.20% APY - $2,000-$9,999.99
- 0.70% APY - $0-$1,999.99
...
Read Full Article: Money Manager Savings 2.40% Top Rate First Financial Federal Credit Union of Maryland
Kentucky residents can benefit from a reasonable 1.30% APY high yield savings account on the highest tier from Commonwealth Credit Union . Here is a full list of the account's rate tiers:
- 1.30% APY - $100,000 and up
- 1.20% APY - $50,000 to $99,999
- 1.00% APY - $25,000 to $49,999
- 0.90% APY -...
Read Full Article: Commonwealth Credit Union Offers Competitive 1.30% APY High-Yield Savings Account
If you, or a generous relative, has set up a trust or other interest-bearing account for your minor child, you may be facing some unique problems related to unearned income when tax time comes around. How do you report your child's interest income? Should you file a return on behalf of your...
Read Full Article: "Kiddie Tax" Laws: Not Just For Kids
Just had a baby? Congratulations on your brand new tax exemption! Of course, having a tax exemption isnt the only reason to have a baby, but with all of your new baby-related expenses such as diapers, food, furniture, and child care, it certainly doesnt hurt to defray costs by taking advantage...
Read Full Article: New Tax Exemption? Congratulations!








