How to Compare Money Market Interest Rates Locally

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How to Compare Money Market Interest Rates Locally – This is a place for the community to provide tips and advice on How to Compare Money Market Interest Rates Locally. This topic was created by Rev Ollam and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Best Money Market Account for 2015 - The Simple Dollar

Published: 9 years, 5 month(s) ago | Submitted by Teri Forgue | permalink

Money market accounts (MMAs) can be a great low-risk investment for building that emergency fund or storing extra cash. They offer better interest rates th

For further reading: http://www.thesimpledollar.com/best-money-market-account/ ^[1]

Tip 2 - Where to Score the Best Interest Rates on Your Savings

Published: 9 years, 5 month(s) ago | Submitted by Pam Mayne | permalink

For savers, the days of earning tantalizing rates on a wad of cash seem like a distant dream. If you need a safe place to park your money now, the prospects aren't pretty. Money funds are paying almost nothing. The most generous rates on bank deposit accounts barely brush 1%. Even the highest-yielding Internet checking accounts, once heralded as the go-to place for great rates on up to $25,000, are paying 2% to 3%—and that's only if you meet certain requirements, such as using a debit card several times a month. And agreeing to lock up your money for a few months or years doesn't help much: A five-year certificate of deposit yields, on average, 1.19%. Rates aren't moving up anytime soon, either. In response to the still-sluggish economy, the Federal Reserve announced last summer that it would keep short-term rates near zero through mid 2013—and maybe longer. SEE ALSO: Kiplinger's Economic Outlook: Interest Rates
Tags: Joan Goldwasser, Lisa Gerstner, CD ladder, airline miles, credit union deposit accounts, Incrediblebank.com, AmTrust Direct, MyBankingDirect, WorldCurrency CD, TCW Short Term Bond

For further reading: http://www.kiplinger.com/article/saving/T063-C000-S002-where-to-score-the-best-interest-rates-on-your-sav.html ^[2]

Tip 3 - Savings Account Rates | Best Checking Accounts

Published: 9 years, 5 month(s) ago | Submitted by jeremy takas | permalink

Looking for high interest savings and checking accounts? Compare current savings, IRA and MMA account rates at Interest.com
Tags: savings accounts rates, best checking accounts, high yield, money market, mma, ira accounts

For further reading: http://www.interest.com/savings/rates/ ^[3]