Sentences with phrase «like higher account balances»

Not exact matches

People call that area the risk zone because your account balances are at their highest then — you have a lifetime of savings — and if you lose 30 percent, like people did in 2008, you're toast.»

And if they see a high cash balance in any of your accounts, they will likely ask you if you'd like to make an appointment to sit down with one of their financial advisors.

Like our High Interest Savings account, there is no minimum balance required to earn interest, and you have access to your funds if you need it.

If you have a high - balance savings fund that you want to keep readily accessible, like an emergency fund or down payment for a house or car, keeping it parked in a separate savings account can help in a few ways:

If you are not familiar with the term, then what people like myself do with 0 % balance transfer (BT) is that we apply for a credit card that offers 0 % introductory APR for a period of time, then either transfer balances from high APR cards to the 0 % APR card to save on interests, or simply deposit the money to a high - yield savings account like FNBO Direct to pocket the interests and pay off the remaining balance when the offer is due.

To get the most out of your money, select a savings account with a high rate of return like First IB's Money Market Savings account which earns a 0.90 % APY (annual percentage yield) on daily balances of $ 250,000 or less, and 1.16 % APY on balances greater than $ 250,000.

0.20 % APY, $ 0 account minimum: The interest isn't so high (you can get 1.00 % if your balance is over $ 100k), but we like Capital One 360 for their easy, no - fuss banking and probably the best mobile app.

I have made many investment mistakes (bought random individual stocks, like Nortel) worked with mutual fund advisors I never heard back from once they got my money, and some mutual fund advisors who did seem to have my interests at heart providing me with financial plans and tweaking my portfolio regularly, but never disclosing the high MERs or even ensuring my investments were balanced across accounts.

Choosing a high yield savings account for students isn't rocket science — although you do need to watch out for banks that advertise higher rates but come with a catch, like minimum balances or a teaser rate that drops after a few months.

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.

A low score is a big reason why your application might be rejected, but even a high - score guy like me has had trouble now and then if I don't pay attention to recent account openings or closures or unusually large balances that I haven't yet paid off.

Such contracts normally have a high degree of risk associated with them, could be substantial in value and have a range of different insurances, warranties and the like which also have to be taken account of and balanced in an appropriate manner.