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...
Gone are the days, when you had to stand in long queues and go through a cumbersome process to open a Savings Account. The process would usually take days, in some cases even months for the process to be completed. In this age of technological revolu...
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...
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’...
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...
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...
To get the best from your accounts, it is important to find to be in a savings account rather than checking account. There are few points to follow to maximize your savings:
The account holder must complete, a minimum required transaction for a ...
A checking account, also known as a transactional account, is one that can be easily opened and allows easy access to money. This type of account is essentially used to make quick bill payments and make the most out of financial transactions. The mon...