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Originally Posted by jdgay22
does anyone use this savings account. it say only $100 to open. and has the highest yield i have seen. 5.40%
http://www.bankplace.com/ |
I saw on their website that they compound interest daily but only credit it quarterly, so I take it if you close the account before the quarter you lose your interest. Is it better to have a bank that compounds daily and credits monthly?