Another newbie question

[Samp]

Is there anything out there that allows me to get paid interest every month? Other than a 1 month CD lol

Thanks again people!

[34saving]

Re: Another newbie question

Almost any bank account will pay you monthy. (The rate they quote you is usually a yearly rate, but they pay 1/12 of it every month.) You might what to check out the ING vs. Emmigrant Direct thread. Both of these banks pay interest monthly.

[terry1156]

Re: Another newbie question

34savings is correct. Almost all bank accounts will pay the interest on a monthly basis, but you aren't going to find a bank account that pays the same rate monthly as your do yearly (ie 3% monthly instead of 3% yearly)