Monday, August 23, 2010

Savings Interest

Everyone knows that savings rates can vary hugely between bank accounts. While your savings account may offer 6% interest and others may only offer rates as low as 2%.
But since it is you that invests in these accounts, you deserve to get the best savings rates possible. Unfortunately no one is going to make sure you get the best savings rates you have to go out there yourself and find them.
You should’nt just accept terrible savings rates. Its easy to stick with the same accounts you have had for a while. Be very careful when you dot this because the best bank offers tend to be the latest high interest accounts. When they offer new savings accounts the older accounts tend to suffer.
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