Having an online bank account comes with a variety of benefits. You get to transact easily without having to actually visit a bank. Unlike brick and mortar banks which incur operating expenses and a fair share of overheads, online banks like Ally Bank cut down on such operating expenses. This means they can offer you […]
A savings account is one of the simplest types of bank accounts. It is a deposit account opened at a bank of your choice in which the deposit accumulates interest. A savings account can be used to deposit your money in a safety deposit and lets you use the funds as and when required. However, […]
High yielding savings accounts are a great way to save some money for purchase goals and investment which require a small or a moderate sum of money. There are several companies that offer 5% interest savings account, which is an extremely lucrative deal for someone who is trying to build a concrete financial portfolio. But […]
5% interest rate sounds like a distant dream for many consumers. But it is in fact a very real possibility. There are certain financial institutions that offer 5% interest on savings account. One of the best ways to get a high yielding interest rate is through opting for a savings account that is linked with […]
Does the difference between a savings account and a checking account confuse you? Not sure what account suits your needs? Let us help. Before we start, here are a few key points to remember – Checking accounts are meant for recurring usage. This account is ideal for daily transactions and lets you issue cheques against […]
Most of us have opened up checking accounts and are managing our finances with ease. What we forget is that a savings account is a necessity as well. How many of us have saved some amount for an emergency or saved something for our retirement? Well, not all of us. While checking accounts give you […]
Most people do not understand the importance of having a savings account until the need for a large sum of liquid cash arises. A savings account will help you save for any such scenarios. It also offers you an interest rate, thereby letting you earn money while you save.Here are the top ten savings accounts you […]
Everyone has a checking account. It’s an easy way to manage your money. However, these accounts generally don’t pay an interest on your money. Saving accounts are bank deposit accounts that pay you an interest on the money that you deposit. Savings Accounts There are a few different types of savings accounts you can choose […]