Savings Account Interest Rates Updated
by Flexo on March 13, 2008
in Banking
Following ING Direct’s recent interest rate drop to 3.1% annual yield, I’ve updated the list of high-yield savings and checking account interest rates, a list that is becoming less “high-yield.” It’s getting increasingly difficult to find good places to keep liquid savings.
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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.
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{ 2 comments… read them below or add one }
Unfortunately true. Harder and harder to find a good place to park it. We’re sticking with ING for now. They hold both our checking and savings, so I figure there is a trade off. Plus we love the customer service and security.
Yes, rates have taken a dip since this time last year. The majority of my liquid assets is my emergency fund, which really isn’t meant to return a high yield but simply to provide security and stability in times of crisis. Of course pursue the highest interest rate available for your circumstances, mine is at a credit union at 3.92% Even if I did find a slightly higher rate at another bank or CU, the hassle may not be worth the move.