High Interest Investment

savings accounts? I wanna start saving money to buy a car and would like to know if it would be a good idea to start putting money into my savings account so the money could gain interest, so i can get my car faster... whats the minimum amount of money one can put into their savings accounts before it gains interest? and will this be a good idea?

Savings Accounts? I need to have access to my money, since I am just a college student. I know they don't have higher returns. Anyways, I got around 4.3k in my savings account that is compounded daily and paid monthly. I earned .78 cents. I know savings accounts have piss poor returns, but is there a better deal or is interest rates for such investments that low.

Savings accounts? Id like to open some kind of savings account, with a small amount of money (under £50) and just let interest build up. Id also like it to be easily accessable, so i can put money in, or take it out whenever i want. Any ideas? I dont have a clue about anything money related!

SAVINGS accounts? I need help figuring this out! I want to start saving some money because my husband and I are wanting to start a family in the next couple of years. I want to open up an account that lets me save money, but since I do not make tons of money I need to be able to get my money if I NEED it! I am not planning on taking money out of the account all of the time......but when I do start my family I want to use the money for all of the baby needs, and so on. So, I need an account where I can save my money, but I also need to have a access to it if I need it!!! I DO NOT want one of those accounts that lets you only take out 1000 per time..for example!

What are some savings accounts that only require a $100 minimum balance? I'm a teenager saving for college and I'm looking to start a savings account of my own. Which savings accounts require a very low minimum balance?

What is one of the best money market checking/savings accounts with the highest interest yield? I currently bank of Bank of America. I am disappointed in their low interest rates and am thinking of switching to a brokerage or mutual fund firm that handles checking and savings accounts as well as retirement funds. Can anyone recommend one that yields a decent rate of return with low fees? I'm also thinking of possibly linking a Capital One 5% money market savings account to my existing accounts. Does that make sense to do?

What bank is offering the highest interest rates on savings accounts right now? What bank is offering the highest interest rates on savings accounts right now? Also, is this a good time to start a savings account or would it be better to wait a couple years? Are interest rates predicted to rise sharply in the next couple years?

Is it more important to have 3 different retirement savings accounts? My husband has been stashing money into 3 different retirement savings accounts through his work. I just found out about it after 3 years he's been on this job. Is it so very important to save for one's retirement that we can barely get by payday to payday? If he had bigger paychecks without saving for retirement we would be out of debt by now.

How can i make money selling checking and savings accounts? Does anyone know how i could make money independently promoting banking products like checking accounts, savings accounts, IRA's and CD's. I'm just looking to offer banking products to my current clients even in an exchange for a referral fee. Any personal bankers outthere willing to work together?

How do I find assets (IRAs, savings accounts) across the country ? My boyfriend was in the military for 5 years, and created a few IRAs, savings accounts, and other assets along the way. Unfortunately, he never kept track of his deposits, and now wants to find out what he has floating out there. Is there any place that we can use his SS# to find what accounts are connected to it?

does the number of savings accounts I have affect my credit score? I currently have 2 savings account, but I'm thinking of opening 1 or 2 more to take advantage of deals with other banks(opening new accounts get some bonuses, a few higher yields.) Does this affect my credit score in any way?

How do banks make money from savings accounts? How does a bank make money just from someone depositing money. Especially if they are giving interest as well? Whats in it for the bank? Surely they are losing money from offering savings accounts

How will the Fed's rate cut affect high yield savings accounts? Today, Ben Bernanke announced that the Fed will cut a key interest rate. What effect, if any, will this have on high yield online savings accounts (like ING for example)? Will the accounts' interest rates lower as well, will they rise, or will they stay the same? Will it have any effect at all?

Is Obama Expanding the use of Health Savings Accounts another Sweet Deal to T' Rich to Appease the Republicans? Are the health Savings accounts are worthless for the hard workin American swho can't afford i to rbenefit by it?

whats the difference between Checkings and Savings Accounts? I know that Savings accounts pay better interest rates than checking accounts. But if i can withdraw money from the savings account whenever I want, why would I bother with a Checking Account? What does the Checking account offer that the Savings doesnt?

Are there any kinds of savings accounts that you get interest on monthly? and how much interest? Are there any savings accounts where you can achieve interest monthly and how much interest would that be? I know there are annuals and even quarterly.but what about monthly?

Does anyone know of any good sites that provide info on internet savings accounts? Looking for more information about online savings accounts in Australia. Interest rates are high and I would like to take advantage and start saving. Any info or tips will help

Savings accounts that cannot be touched for specified period? Interested in what kind of savings or money market accounts can be set up that cannot be withdrawn from for 1-5-10 year periods. Thanks. This is an account i am going to be setting up for my little sister who is not very good with money. I would like to find something that she cannot touch for a few years until she matures some. CD's can be drawn upon with penalties correct?

South Korean banks offer savings accounts as a product? When is the rate of monthly and annual income? Foreigners who acquire South Korean citizenship can have savings account? And how do is taxation of income tax for those whose only source of income is its application in savings accounts in South Korea? (Just a hypothesis) Thanks to those who know correctly. Accepted links explaining too.

Will the FDIC insure all of my savings accounts? I recently came into a large sum of money and plan on opening about 20 savings accounts with my bank. They will all be in the $200K range. I know that the FDIC insures up to $250K until the end of 2013. So, will that apply to each separate savings account, or the 20 accounts as a whole? Thanks.

Do savings accounts have ABA transit numbers? I am filling out a form to have my checks from work directly deposited and I haven't opened up a checking account yet, and only have my savings account, so that is where I am planning on having my checks go for now and I know my account number, but I don't know its ABA transit number, or if only checking accounts have that.

Are Flexible spending accounts different from Health savings accounts? I know health savings accounts expire- which I think is insane. But do Flexible Spending accounts do? Are they just the same thing? Am I really that confused? Thank you for your answers.

Does having multiple savings accounts hurt your credit score ? I was looking to open multiple online savings accounts ? Does it in anyway affect my credit score ?

Interest rates for savings accounts in other countries? I'm curious as to what the interest rates are for savings accounts in other countries than the U.S. Are they better or worse than over here?

Confused about savings accounts and interest rates? I don't understand how some banks in Australia have savings accounts with 7% p.a interest rates and Swiss banks offer only around 2%?? I thought swiss banks had the best interest rates, isn't that why a lot of people are keeping their savings over there? If i deposit say 100,000 AUD, how much money would I earn monthly in both cases, Aussie banks, and Swiss banks? I really don't know much about this, I've never had a savings account before.

On savings accounts, how much interest do you have to earn in a year to have to pay Capital Gains taxes? For example, say you have $5,000 in a 5% interest savings account. Which would be $250 in interest a year. At what amount do you have to pay capital gains tax?

Why are the yields for online savings accounts so much higher than other savings accounts? I'm using HSBC Direct right now and have a 5.05%APY. I'm looking at their rates for other savings/money market accounts and the APY is a lot lower, a couple of percentage points. For example, if you have $75,000 in a Premium Money Market Plus account, you only get 3.15%APY. I have much less than this, and my online savings account has no fees and no minimum balance requirement. Can anyone please explain why the APY is so much higher for an online savings account? Thanks!

Savings and checking accounts at different banks -- Can I write myself a check to deposit in the savings acct? I have a large sum of money in my checking that I'd like to deposit into my savings. How can I do this without physically withdrawing the cash and transferring it between banks? Can I write myself a check to deposit into the savings account?

Are there savings accounts that automatically deposit interest on a weekly basis? If someone had a significant amount of liquid assets, are there high-yield savings accounts that automatically deposit interest on a weekly basis? Most people currently use ING Direct, Citibank, Emigrant Savings and other credit institutions to gain monthly interest out of their savings, but I was under the impression that some credit institutions offer special savings accounts for people with enough principal. Is this true?

What are the rules regarding Health Savings Accounts? I started a new job back in Aug. 2006. My employer offers a group health insurance plan but it is not a very good one and has a high deductible. The company dropped the ball in getting me signed up for the plan in time and now their not so good plan isn't even going to cover a pre-existing condition. I talked to the boss and came to an agreement that in lieu of being covered under their plan they would just contribute $130 monthly (the same amount they would pay to put me on their plan) to a Health Savings Account that I could use to pay medical expenses. He came back and said that he could not make good on the agreement because he was told I had to have some type of insurance coverage to contribut to an HSA. He also said that the max I (or the company on my behalf) could contribute to one of these type accounts is $1100 annually. Which is $460 less than what we agreed upon. Can anyone explain the rules of HSA's to me and what other options I might consider to work this out?

which of the following is most commonly associated with the interest earned on savings accounts? which of the following is most commonly associated with the interest earned on savings accounts? annual percentage rate, Annual Equivilant rate, Average Base rate, Average Savings rate.

Can banks deny savings accounts like they can checking accounts? I know people that are on ChexSystems or have poor credit often cannot open checking accounts at banks. But, can these individuals open savings accounts by default? Is there perhaps a state or federal law requiring banks to offer savings accounts to those who want one?

How many savings accounts showed you have? If they all earn different interest rates I am sure that is best to pick one with a high interest rate. But which is better to have: 529 savings account, high-yield savings account or a credit union account?

It is worth it to split my money into two savings accounts? Okay so the direct savings account and the tax free savings account both have the same interest rate but the limit on the tax free savings accounts is $5000 per year. which means I'm going to have to split my savings into two accounts. Should I just put the whole things into a direct savings account instead of splitting it into two accounts?

12. Why do credit unions offer higher interest rates for different types of savings accounts? I am thinking of leaving banks and turn to credit unions... so i wanted to know why do credit unions offer higher interest rates for different types of savings accounts?

Where can I find the average yearly interest earned on savings accounts for each year from 1970 to 2006? I need this information for personal passbook or statement savings accounts. I'm looking for the national averages, not averages per each banking institution. I don't know where else to look. Anybody know?

Are there any banks that offer savings accounts with no minimum balance to start your savings? I'm intrested in opening a savings account but I don't have $300 to open it with. Are there any banks that you can open your savings account with little money?

What is the best bank in Chicago for checking and savings accounts? I want to switch from Citibank to a new bank in Chicago. I live downtown and there are so many options. There are very large banks, such as Chase, and then there are smaller banks, such at Fifth Third Bank. All I need are a checking account and a savings account. Any suggestions?

How much interest do Bank of America Regular savings accounts earn? I just opened new savings and checking accounts at Bank of America and the savings account has $25.00 in it, while the checking has a little over $3,025 in it. Is it unwise to put that much in a checking and that little in savings, since it's supposed to earn interest? How much interest does it earn? The specialist told me there would be no monthly fees as long as I use my debit card at least once a month, as I am enrolled in the "Keep the Change" program as well. Thanks! :D

Why isn't the "credit crunch" pushing up interest rates on savings accounts and money market accounts? If banks are having trouble finding money to loan out, shouldn't they be offering higher interest rates on their savings accounts to attract more money? Instead, interest rates have gone down recently. Does the Fed's rate cut overwhelm any extra money they might have gotten from savings accounts? If the banks can "find all the money they want", why is there a credit crunch at all?

Experience with High Interest Online Savings Accounts? I'm looking for a high interest online savings account. So far it seems like HSBC Direct has the best rate, no fees, no minimums etc. Seems like a good deal. Just looking for general pros and cons for these accounts - whether there are any negative consequences that I should be aware of especially regarding accessing the money in the account. Thanks!

Are there any savings accounts that a 16 year old can get? I would like to get a savings account to make some profit off of the money I worked for all summer (and babysitting...). The problem is I'm 16 and the only one I know of is one where you must wait until you are 18 to take out the money. Is there a savings account I can open without parental signature or approval or anything? Unfortunately I can't trust my parents with all my money :/ Thank you.

Which bank in Chicago is better for checking and personal savings accounts? I will be living in Chicago next year and would like to know which bank (that is nationwide) is best for me. I would like to have free checking and less fees besides a personal savings account. I am thinking about switching to either Chase or WaMu. Thanks!

does anybody know of any good online savings accounts? Hey, I just got a paypal account and I need to get it verified, but I dont want to use my personal bank account...does anybody know of any good online savings accounts that I can hook it to?

How do banks figure interest on savings accounts? Say that you have a savings account that yields 2% APR. The bank pays interest quarterly. How do they figure out what to pay each quarter? Esp. if a deposit is made to the account weekly? Since the 2% is an ANNUAL percentage, I mean. How do they figure it if they're paying it quarterly instead of yearly?

Which banks are good for savings accounts? I would like to open another savings account but I wanted to see which banks offer a savings account where you can only deposit money until a set time. Like, you cant touch the money for a year or something? Is that possible? If so, where?

How do I calculate the amount of tax on savings accounts? I want to know how much tax i would be charged on my Savings account per year or month. if the rate of interest is 0.50% a month for an amount of £1000 savings, how much tax would that be for the year/month?

Having the banks get all the money from the bailout should they raise the interest rates on savings accounts? And checking accounts? I remember they gave me 9% on a savings account when I was young!

What type of account yields the largest return? i.e. different types of savings accounts? I currently have a savings account that only return about a dollar in interest every month. Is there an alternative that might yield more than that and isn't all that risky?

is it bad to open multiple savings accounts? ive had a checking account with my bank for about 8 months but its almost impossible for me to save money. so yesterday i opened up a savings account so as to have some money put away that i cant touch and will gain interest. but today im thinking of opening another savings account with commerce because i hear they start you with 25-35 dollars in ur account. it won't affect my credit or anything if i have this many accounts, will it?

Is Wells Fargo biased or picky about who they will grant checking/savings accounts to? Based on my recent experiences, it seem's to me that you either have to have a perfect credit score, be a person of high profile or fame, or lots of money to open up an account with Wells Fargo. Any truth to that? I requested to open up a regular checking/savings account with them and they denied the savings account request and never responded back about the checking. I have decent credit and always pay my bills on-time. What's the big deal with them?

What are some good banks as far as high yield savings accounts? I was reading this article http://www.urnestegg.com/high-yield-savings-accounts-what-are-they and I was wondering what are some good banks when it comes to high yield savings accounts?

How reliable are online savings accounts? I get a terrible interest rate with my savings account through my current bank, but I like the fluidity of having my money NOT tied up in a CD or in money markets. Will putting my money with ING or a similar banking institution be worthwhile?

Do intrest Savings accounts pay intrest weekly, monthly or yearly or what? After my father passed in 05 he left me a little over 100,000 in a trust fund and i receive it when i am 18. I know what i want to do with it. I want to put it into a savings account high yield preferably that collects decent interest. Now in these banks with savings account with collecting interest. Do you receive the interest weekly, monthly or yearly. How does that work?

Is it safe to open online savings accounts? I want to open a savings account with an online world bank. It is FDIC insured, but I'm still unsure.

Which UK bank has the highest interest rates for savings accounts? I'm a student, and I'd like to open a savings account to transfer money to from part time work. A high interest rate would really help the money grow. Any suggestions?

I need to know about food stamps and savings accounts? I live in southern Ohio and need to know how much I can have in a bank or savings account maximum before it would effect my family's food stamps? I am a minor and have a family of four.

Anyone ever have accidental deposit issues with their savings accounts? I recently had over $5,000 deposited into my savings account from an unknown source. I plan to just leave it there until the bank notifies me there has been a mistake. But what if they don't? Am I entitled to keep that money? What would you do? Any help would be great. Thanks.

Garnishment and per diem and freezing savings accounts? I just received a letter that my husbands income will be garnished. He works for a trucking company and his pay is per diem, and his money is deposited into a savings account. They said they will take 25% of his income after taxes. Will they collect out of his savings account and is that after the per diem?

Who's offering the best interest rates on savings accounts? I'm interested in depositing $25-50k in a savings account. An on-line account is ok, as long as it's FDIC insured.

Are Health Savings Accounts the Right Medicine for the ills of the Health Care Industry? Explain.? Explain why Health Savings Accounts are better than traditional PPO. Why do employers prefer HSA over traditional PPO? Does HSA give patients more control over the care they receive, is their any tax incentives that comes with having HSAs?

what is the best savings accounts for college students? im very broke but im pre med and hoping someday i wont be :). until then i want to build up some savings starting now, if nothing else just to get into the habit. i want to put 10-15% of everything i earn into some type of savings. is that a good amount? also should i just put it in my banks saving account or is their something better. i dont want to touch that money for at least ten years probably more.

Can my kids under 18 open their own high-yield online savings accounts? I was going to setup online savings accounts for each of my 3 kids, but when trying iGoBanking and some others, the applications won't go thru or require a drivers license, etc. I even tried me as a joint applicant and it didn't work. Other options vs me opening 3 accounts in my name?

Are there savings accounts for people that can't get a checking account? My husband and I can't qualify for a checking account for a bad mistake in the past that seems like we will never live down. Is there any way we can get a savings account at a brick-and-mortar bank or an online bank? We have over $4k for our initial deposit and about $300-400 per month to contribute.

When do banks pay out interest on Savings accounts and returns on Investments? I want to make a few investments and open up a prime rate savings account. When in the month do banks pay out the interest and the returns on investments?

Online savings account that can link both US and foreign bank accounts? Does such a bank exist? I'm using INGdirect but they only allow you to link to a US bank account. I'm looking for an online savings account that allows linking to both US and foreign banks. Thanks. I will be living in Europe for a few months and need a convenient way to transfer money from my US accounts with little/no fees

Are interest rates for regular savings accounts ever going to go up again? Call me crazy but I remember when I was a kid in the 80's, my savings account got about 5% interest every year. When did the rate crash to 0-1%, and will it ever go back up again?

Anyone know a company that has a primary savings account and various checking accounts in other divisions? And also sends out checks at the end of their fiscal year using the checking accounts. Also once the checking account is a negative balance the savings account offsets that negative balance. Is it disclosed in their financial statements is what i want to know. to be more specific http://acc3000.com/Acc%203000%20Homepage_files/Checkmate_GAAP.pdf I need to know the proper accounting treatment

What effect will having multiple savings and checking accounts (not credit cards) have on my credit? also, what if they are between multiple banks as well. Say a checking account at this bank while I have a checking and savings account at another bank etc.

Can I get a better interest elsewhere on savings accounts? My introductory offer was 3.8% or so now my interest rate is .02 on my Chase savings account..Are there better savings account with higher yearly interest rates?? Ok, I've seen a few as high as 2.6 and 2.8%. In the fine print it says that interest rates are subject to change..Does this mean they can drop the interest rate just like it happened with the Chase account?

Should I put money in my savings account or in my retirement accounts? I currently have about $7600 in my savings account, and once I reach $10,000 my bank will jump my interest up to approximately %5. Once I hit $10,000 I would then open a second savings account and split the money, and put some into a personal one for vacations and fun stuff, and the rest into my "savings account" However, I am getting advice to keep doing what I am doing. I currently put $1000 into savings, $333 into my Roth, $250 into a mutal fund, and $289 into my Thrift Savings Plan, the military form of a 401K that is not matched by the government. So should I stop putting money into my other accounts, until I hit $10,000, and then slowly build back what I would have been putting in, or just keep the same split that I currently have? Thanks in Advanced Wrnglrsnmtns I currently have about $7600 in my savings account, and once I reach $10,000 my bank will jump my interest up to approximately %5. Once I hit $10,000 I would then open a second savings account and split the money, and put some into a personal one for vacations and fun stuff, and the rest into my "savings account" However, I am getting advice to keep doing what I am doing. I currently put $1000 into savings, $333 into my Roth, $250 into a mutal fund, and $289 into my Thrift Savings Plan, the military form of a 401K that is not matched by the government. So should I stop putting money into my other accounts, until I hit $10,000, and then slowly build back what I would have been putting in, or just keep the same split that I currently have? A few more things. I am 30 years old, and my Roth IRA and mutual fund are still pretty new. I have about $9000 combined in both of them.

Does anyone know a lot about savings accounts? I heard about something you can buy at a bank ("c.d's") that gather a lot of interest over time. Any more information on that would be great. Also what do you think is the best bank to go to when opening a savings account?

Are there any banks in the Minneapolis area who still offer Christmas Savings Accounts? I'd like to open up a Christmas savings account with my child in the Minneapolis area. I'm having trouble finding a bank that actually offers this type of account. Usually it is offered as a special type of savings account, that will not allow you to withdrawal any of the money until a set date, for example October 1st. The account comes with a pre-printed coupon book for weekly or bi-weekly deposits.