You may also see a better yield
in other deposit products like money market accounts, IRAs and certificates of deposits with online banks.
They do
offer other deposit products such as CDs (including 1.45 % on an 11 month CD which is pretty good), as well as home and business lending.
As one of the top online banks, Ally Bank offers an impressive lineup of CDs that surpasses
most other deposit products you can find on the market.
Synchrony Bank offers high yield savings accounts, CDs and
many other deposit products, and its award - winning deposit products can help young adults develop savings plans for their futures.
As
with other deposit products, many CDs are insured by FDIC up to $ 250,000, per depositor, per insured bank, for each ownership category.
In addition to having a 401 (k) and savings account, you should consider investing
in other deposit products, such as certificates of deposit (CDs), which consist of fixed maturity dates and fixed interest rates.
You'll also want to be sure that any CDs, money market accounts or
other deposit products you put your money in are fully FDIC - insured.
When browsing our competitive CD rates and
other deposit products, it's clear Synchrony Bank has an award - winning option for you.
Before you put all of your money into a savings account or
other deposit product, you may want to learn how a money market account works.
The only thing we can find to complain about with Marcus is that they don't offer an equally - awesome checking account to accompany
their other deposit products.