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What interest rate will a FDIC bank give you if..


Gabe
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About .50 to .80.  I would wait until the fed meeting on December 13th and dec14th. More than likely, they are gonna raise rates by a quarter to half a percentage point. Hate to see you lose that extra interest for getting in a week too early. Most places want a minimum $1k, $10k, or $100k investment.

E.H.National Bank

Virtual Bank

Beal Bank

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Bank interest is NIL

 

I have a money market account with 40K for a rainy day.

 

I get $1.40 per month

 

barry you should be using capital one 360's money market instead

 

pays .75% interest which will be $300/year better than what you're getting

 

https://home.capitalone360.com/online-savings-account?external_id=360b_SAV_SS_Static_Z_T

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I tried to put it in Capital One. That's a weird bank. I went in. They said that I had to mail a check to company headquarters and wait a period of time and come back in. They didn't take deposits at that location. It was to to much work. What kind of bank doesn't take deposits at a branch?

 

just do the online transfer, it's automatic

 

or like iag/gabe, shop around and get more

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