Some parents don't open online savings accounts for children because they are concerned or wary about making transactions online - and with some good reason. On the other hand there are some reasons which are unwarranted and other reasons in favor of working with accounts online that it still makes sense to do...
Read more »
High interest savings accounts, FDIC insured or not, are vulnerable to the same sorts of liquidity interruptions as any other FDIC insured account... only now the FDIC is starting to ask banks for money in advance. Why is that do you suppose? While regulators and prominent figures such as Fed Chairman Ben...
Read more »
People looking at a free online savings account have to be asking themselves, "Is this a scam?" I mean how on earth can a bank afford to offer a free online savings account when every other bank is charging me fees up the yin yang just for the privilege of allowing them to...
Read more »
People ask me why open a high yield savings account these days when rates are only 1.35%? In all fairness that is a good question, because there are plenty of higher paying CDs out there - but CDs as we know have their problems too. Making a decision to open a high...
Read more »
A high interest savings account online makes a lot of sense when you have your finances squared away and have the ability to stash your non-emergency cash in a better yielding account. This online savings account is not for the money you need to pay bills or to provide emergency liquidity in the...
Read more »
Open a savings account online and you will be sure to keep your liquid reserve cash earning income at today's most competitive short term interest rates. Leave your money in your local brick and mortar savings bank and watch inflation annihilate your cash reserves' buying power.
Read more »
