Anyone know the best place to open a savings account?

Discussion in Bank Accounts started by QuatreHiead • Jul 3, 2012.

  1. QuatreHiead

    QuatreHieadMember

    Joined:
    Jul 1, 2012
    Threads:
    15
    Messages:
    66
    Likes Received:
    0
    I have been considering doing a savings account again for some time. I have a shares account now at a local credit union. It only offers however 0.75%. Could I be doing better? What would the requirements be for opening an account? I know a limitation tends to be I can't afford to open the account in the first place.

    Any advice in this search would be very helpful.

    Thanks!
    ~Quat
     
    #1Jul 3, 2012
  2. Sugarhill

    SugarhillActive Member

    Joined:
    May 14, 2012
    Threads:
    27
    Messages:
    700
    Likes Received:
    9
    .75% is pretty good for a savings account. It's been a minute since I've looked at the rates for online bank accounts, but if you can get that locally or online, I'd snatch it up. A lot of them dropped over the past few years from rates that were over 1%. What credit union is it? I may have to see if they allow online accounts from out of state. :D
     
    #2Jul 4, 2012
  3. Parker

    ParkerWell-Known Member

    Joined:
    Mar 31, 2012
    Threads:
    38
    Messages:
    2,118
    Likes Received:
    59
    ING Orange Saving Account is offering .80%. ING is pretty competitive.

    Log In

     
    #3Jul 4, 2012
  4. FlipKup

    FlipKupMember

    Joined:
    Jul 29, 2012
    Threads:
    4
    Messages:
    83
    Likes Received:
    0
    All banks have decent rates for savings account. Usually, the best thing to do would be to just open one up with your current company. They will make sure to shoot you the offers they have at the moment relating to the topic, just ask them!
     
    #4Aug 18, 2012
(You must log in or sign up to post here.)