Best Saving Accounts
Still, don’t know what a saving account is? Well, in simpler terms, saving account is a place exclusively for you to safely store all your money and recover it without any hassle. Characteristics like house down payment & emergency funds make saving accounts best, as it will help you to meet short term financial requirements.
It is mostly seen that when the financial goals of people expand to a larger range, they do not wish to rely on a savings account. It is genuinely stupidity to hold on money when you can actually grow it.
Who does not wish to grow their money? If you want to, then you should definitely check the below list. Do grasp all the detailed information and compare correctly to end up with the Best Saving Account one for yourself!!
E-Trade Bank
E-Trade Bank is basically a portion of the E-Trade Financial Corp. which is a financial services company in New York with a brokerage business as well.
Founded in the year 1982, E-Trade Financial has a total of 30 retail branches across the United States. E-Trade Bank provides savings accounts, checking accounts. Also, for people who own an E-Trade brokerage account, they have lines of credit.
It offers an interest rate of 1.75% APY.
CIT Group Inc.
CIT Group Inc. is also a financial-based firm with around $50 billion assets. The company runs CIT Bank N.A.
A national online bank, CIT Bank also owns a Southern California branch bank named OneWest Bank.
CIT Bank provides CDs, savings accounts, mortgages, business banking, and money market accounts.
You can earn 1.22% APY in CIT Bank.
Also Check: Best High-Yield Savings Accounts For 2020
Capital One Financial Corp.
Capital One Financial Corp. is one of the financial holding company
Capital One’s branches are primarily located in New Jersey, New York, the District of Columbia, Louisiana, Virginia, Texas, and Maryland.
They offer business banking, automobile loans, checking accounts, credit cards, savings accounts, and CDs.
You can avail 1% APY.
State Employees’ Credit Union
Founded in 1937, State Employees’ Credit Union offers money market accounts, checking accounts, savings accounts, share term certificate accounts, credit cards, health savings accounts, mortgages, auto loans, home equity lines of credit and individual retirement accounts. Their financial services include tax preparation, insurance, investing and estate planning.
You can earn 0.75% APY.
Columbus Bank and Trust Co.
Columbus Bank and Trust Co. provide business banking, personal loans, energy loans, checking accounts, lines of credit, savings accounts, home equity loans, mortgages, CDs, individual retirement accounts and health savings accounts.
Apart from the above-mentioned banks, here are some more banks with their interests:
- Signature Bank- 0.25%
- Navy Federal Credit Union- 0.25%
- Space Coast Credit Union- 0.25 %
- Charles Schwab- 0.23%
- First Republic Bank- 0.15%
- Suncoast Credit Union- 0.15%
- Members 1st Federal Credit Union- 0.15%
- Key Bank- 0.10%
- Zions Bancorp- 0.10%
- Popular Community Bank- 0.10%
Alright, now that you have enough choices to pick, don’t waste your time!! Compare & rate the banks and their interest rates before picking up a savings account.Select a saving account that offers you the best blend of consumer-friendly attributes!!