Sentences with phrase «average online savings account»

While it all probably sounds like your average online savings account so far — there are some differences in how SmartyPig allows you to save money.

Not exact matches

Setting up a high - yield online savings account may not be as easy as swinging by a friendly local bank branch, if one still exists, but it's nearly 10 times more interest on average.

People who are determined to avoid online - only banks should be prepared to accept rates much closer to the FDIC's calculated national average of 0.06 % APY for regular savings accounts and 0.08 % for money market 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.

* The Annual Percentage Yield (APY) for the Online Savings Account as of XX / XX / XXXX is more than five times the national average APY for interest - bearing savings accounts with balances over $ 500 as reported by Informa Research Services, Inc. as of XX / XX Savings Account as of XX / XX / XXXX is more than five times the national average APY for interest - bearing savings accounts with balances over $ 500 as reported by Informa Research Services, Inc. as of XX / XX savings accounts with balances over $ 500 as reported by Informa Research Services, Inc. as of XX / XX / XXXX.

According to bankrate.com, the average yield of 5 - year CD is 4.92 %, not necessarily better than an online savings account.

Savings: The Barclays online savings account pays a 1 - percent APY, which is about 12X the national aSavings: The Barclays online savings account pays a 1 - percent APY, which is about 12X the national asavings account pays a 1 - percent APY, which is about 12X the national average.

With interest rates exceeding the national average, FNBO Direct provides a convenient option for managing your savings account online.

The average yield for a savings account that can be opened online is about.83 percent.

The key to finding the best online savings account is to look for rates close to 1 % APY — roughly 16 times the national average!

Their online Savings Account currently offers a 1.25 % APY (it can change at any time), which is drastically higher than the national average.

It's possible that an online savings account may offer an interest rate several times that of the FDIC national average.

As of Sept. 5, 2017, the FDIC's national average interest rate for a savings account is 0.06 % APY, but some online - only banks pay 1.20 % APY or even higher.

Here is an example of FDIC - insured online deposits accounts for short and long - term savings goals with higher than average rates that help grow your money faster.