This kind of account can come in handy if you're saving up for a large purchase and you want to
earn a higher interest rate while still having convenient access to your money.
All of its clients will be
earning higher interest rates due to transparency in cash flow, as loans will mostly be given to business clients who are using the payment processing solution.
If you can commit to not touching your savings for at least 1 year and can meet the minimum deposit, you may be able to
earn a higher interest rate with a CD versus a savings account.
Online accounts
often earn higher interest rates than traditional bank accounts, since online banks eliminate many operating costs that brick - and - mortar institutions can not.
But, once you open the account, you don't necessarily need to keep it funded with $ 5,000 every day, although you do get some ATM perks and can
earn higher interest rates by doing so.
Overall, the account is a great option for anyone who wants the flexibility
of earning a high interest rate on a sum of money you've stashed away, minus the withdrawal restrictions of a certificate deposit.
Where other banks require you to have tens of thousands of dollars on deposit to
earn the highest interest rate offered (usually between $ 25,000 to $ 50,000), Mutual of Omaha Bank's interest rate kicks in at of balances of $ 1,500.
SmartyPig is a free high - yield online piggy bank that helps you reach your short - term and long - term savings goals, like taking a vacation, saving for college, buying a car or anything else that you wish to fund, while
earning a high interest rate on all of your deposits.
«I'm all
for earning higher interest rates, but there is also something to be said for having a few grand in checking or savings at a bank with a local branch or ATM so that you can always have quick access to some cash.
Platinum Savings and Platinum Plus are savings companions to the Platinum Checking and Platinum Checking Plus accounts; both
earn higher interest rates with no monthly maintenance fee.
Certificates of Deposit (CDs)
often earn higher interest rates than other kinds of deposit accounts, especially if you're willing to commit to a longer deposit term.
If you can
earn a high interest rate by putting your cash in a savings account or CD, then you will not be inclined to pay your rent a year in advance, unless the savings in rent are more than what you would earn in interest.
If you are looking to
earn a higher interest rate on your deposits and you have the money to deposit, then Everbank can be a great option for you.
Our BusinessSelect Money Market account lets
you earn higher interest rates without ever losing access to your money.
Both earn a higher interest rate than a typical savings account.
With a minimum daily balance of $ 1,000, a Daily Money Market allows you to
earn a higher interest rate than a regular savings account while keeping your funds liquid.
With a minimum daily balance of $ 10,000, a Mega Money Market allows you to
earn a higher interest rate than a regular savings account while keeping your funds liquid.
GRAND RAPIDS, MICHIGAN (July 6, 2017)-- Today, Northpointe Bank announced it is doubling the maximum account balance eligible to
earn a high interest rate for its rewards checking account.
Fixed index annuities are designed for people who want the potential to
earn higher interest rates than they would through traditional bank products, 1 but who are uncomfortable with exposure to market volatility.
While money market accounts are similar to savings accounts, they used to
earn higher interest rates and their restrictions then were more stringent than they appear to be today.
An online bank account is a great way to avoid the fees associated with traditional banking, reduce the temptation of impulsive spending, and
earn higher interest rates and cash back in the process!
Companies are able to
earn higher interest rates than they pay for a variety of reasons - a common strategy is to take advantage of differences between long - term interest rates and short - term interest rates, a difference often called the yield curve.
CDs offer a safe way to
earn higher interest rates than those available through savings accounts by requiring you to lock your money away for 3 months to 5 years.
You can also choose from several types of checking accounts to earn rewards on PNC credit card spending — and
earn high interest rates on your balance.
If you'd like to
earn a higher interest rate, you can invest your money in BDO's «time deposit» accounts, certificates of deposit savings accounts with a specified maturity date.
For example, if you have a nest egg, even a small one, you'll often be able to
earn a higher interest rate on an account that you can commit to keeping a certain amount of money in, so it makes sense to investigate your account and interest - rate options at various banks.
It's «locked - in» for a period of, say, five years, so that the investor can
earn a higher interest rate.
Lenders can
earn a higher interest rate than what may be found in traditional markets.
Earn a high interest rate and get cashback purchase rewards.
Both high yield savings accounts and Certificates of Deposit (CDs) will
earn a higher interest rate than a typical savings account.
Rewards Checking from Bank of Internet USA allows you to enjoy free checking with unlimited domestic ATM reimbursements while
earning a high interest rate and cash back purchase rewards.