There are certain things that one needs to keep in mind in order to maximize savings in bank account.
Never pay monthly maintenance fees as it tends to eat up the major chunk of the interest earned. It is better to shift to online banks whi...
By keeping your money in the savings account of the bank doesn’t mean you are doing the best thing. Different financial institutions have different rates to offer to the customer.
One may give you 0.1% interest rate, and for the same amount of m...
A certificate of deposit (CD) is a certificate of financial savings with a date established in adulthood, a specific hobby rate and can be issued in any denomination in addition to the minimum financing requirements. A CD limits the right to access t...
Children’s savings accounts are usually perceived to be accounts for adults to stack up funds but can actually prove to be helpful in teaching children the dynamics of responsibility and money management from a young age. The fact that the child’...
There are times when money has to be transferred to someone we know in a foreign country or to a foreign bank account either for business or personal purposes. However, the transfer process is not as simple as usually claimed as a single transfer inv...
With this guide, you will understand the ways to find the 2017 best savings account and tips to follow for achieving the same. First of all, don’t be surrounded by one single institution, search a bit and find a proper bank.
Helpful Tips
If y...
Who doesn’t like everything to be easy and hassle-free? Then why not bank accounts? Yes. Online banking has made this possible. Now, online bank account opening is possible through your phones and laptops that too free of cost. Get an online bank a...
If you are confused between CDs and Money Market then there are few factors to consider :
Time of Deposit: This is about planning your need for part or full cash requirements. Since there is no liquidity in CDs, one must plan about the length of...