Wednesday, October 05, 2005

Savings Accounts

With interest rates going up, savings accounts become more attractive. I especially like the savings accounts offered by online banks that offer higher yields than local banks. Money market accounts are also a good place to look for high yields. Remember money market accounts are not FDIC insured. The easiest choice right now is to go with an Emmigrant Direct savings account.

Savings Accounts
Emmigrant Direct 4%
Paypal is yielding 3.76% (Money Market account) 3.55%
ING Direct 3.40%


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