Banks interest rates?

[Ima saver]

What banks are paying 1% interest or more right now? I am interested in both brick and mortar banks and internet banks?

[AnotherReader]

Hi Julie:

I like to compare rates at www.depositaccounts.com. The site has been around for years and is unbiased. The rates are current. You can look at rates for various kinds of accounts and the health of the institution is rated as well. Credit union rates are included.

They have started putting "featured" accounts at the top of the list. Those placements are not always the highest rates. Scroll down for the complete list.

I have a GE Capital Bank savings account, paying 1.05 percent, and several other accounts. CD's, money market accounts and checking accounts are also shown.

[disneysteve]

Hi Julie! Also check bankrate.com. They're only showing 2 that are over 1% - GE Capital and My Savings Direct, both at 1.05%. There are a bunch paying 1%.

[AnotherReader]

I don't use Bankrate because the listings are incomplete and colored by advertising dollars. The individual that operates depositaccounts.com does a much more thorough job and the rates are current. There is also a blog that is worth perusing.

[scfr]

I'm with Another Reader - I bailed on Bankrate and switched to depositaccounts.com years ago. Off the top of my head, I know that Barclays and Smarty Pig are both paying 1%.

Barclays rate has been up and down a bit, but is easy to use.

Smarty Pig's rate has held at 1% for a good long while, but it is a little bit more complicated to use because you set up and close savings goals.

I follow the depositaccounts.com Blog and look for account bonuses, which require some work and tracking, but can amount to better than 1%.

[autoxer]

www.magnifymoney.com is a good place to compare savings accounts or even credit cards.

[gavinmccallister]

State Employees Credit Union in NC, I have a 48 month CD paying 1.50% I only have 1 1/2 years left on the CD

[Bright]

A credit union in my area pays a bit over 2 percent up to $15,000 with direct deposit. Send me a message if you want the info.

[Ima saver]

MYSavingsDirect has raised their rate to 1.24% so I have 1 accounts there. I would like to keep some money locally, but cannot find a decent rate. Melrose credit union is still paying over 2% for a 5 year c.d.

[Ima saver]

I just opened a c.d. with Navy Federal Credit Union. They have a 30 month c.d. paying 2.5%. (My father was in the army, WWI and WWII, so I qualify)

[97guns]

For $100 a month in interest on every 10k I'll keep it in the mattress, they gotta be paying me at least 3% before I let them hold any if it, I got better ways to store money and realize better than 1%, I can make 1% sitting on the toilet

[97guns]

Actually, 1% is the ANNUAL interest rate. So you'd get $8.33 a month per 10K. I wish I could make 1% sitting on the toilet. That would be an interesting job. However, you're damn sure to lose to inflation by keeping it in your mattress.

Typo, should have been $10, fat finger hit an extra zero, wish someone at the bank had a fatty

[jamiesmaoneyadvice]

The individual that operates depositaccounts.com does a much more thorough job and the rates are current. There is also a blog that is worth perusing.