Sentences with phrase «online savings account generally»

With an online savings account you generally earn higher interest and it's not always quick to get your funds (meaning you can't spend it on a whim).

Online savings account generally offer higher interest yields than brick and mortar banks do.

Not exact matches

With few or no physical branch locations to pay for, online - only options for savings accounts generally require no maintenance fees or minimum balance, though they do charge excessive withdrawal fees similar to traditional banks.

Generally, online banks have lower overhead costs so they pass the savings on to their customers in the form of higher interest rates on deposit accounts.

Thanks to the growth of online banking, you can find a wealth of information on accounts with interest rates that generally stay far above the average for brick - and - mortar savings accounts.

To find that elusive high - interest savings account, debt expert and financial attorney Leslie Tayne also suggested that you «look into online savings accounts, which generally offer better interest rates than brick - and - mortar locations.»

@James: CDs generally have a similar interest rate to online savings accounts.

For those online savings accounts that permit wire transfers, incoming wires are generally free while outgoing wires can cost anywhere from $ 20 to $ 30 at certain banks.

Generally, online savings accounts offer higher interest rates because there's less overhead involved than with a brick - and - mortar bank; just be sure to check if you have to meet any qualifications to get the best interest rates, such as maintaining a minimum balance, or whether the account has any restrictions, like the number of allowable monthly transactions.