Wednesday, January 5, 2011

Best savings account interest rates offered by best money market accounts


What are you?

These are limited savings account, some restrictions on minimum balance, withdrawal limit for the exchange of better returns has. Confuse the money market account with funds. Both are different.

Security:

This best money market are usually FDIC insured accounts meaning, there is less chance will lose your principal.

Restrictions:

You can withdraw not amounts more than 6 times per month, of which it should be no more than 3 transactions using check box. In the case if necessary, to maintain the minimum balance fees collected.

Money market account rates:

Now we are some of the best money market see accounts and their prices. The below data is the updated data as on 14 June 2010.

Everbank:

The Minimum balance on this account requires $1500.

APY: 2.25%

Offer:This rate is defined as an introductory offer for the first $50,000 in the account given. The default rate is 1.26%. This is one of the best savings account interest rates available. Visit the Bank for more detailed information.

Flagstar direct:

APY: 1.06%. If the balance is more than $1,00,000 the APY is 1.20%.

The main advantage with this Bank is no minimum balance or no fees for this account to open it. Apart from the fact that get you free checks and a debit card access to your account.

Security:

This account is insured by FDIC. This is one of the high interest savings accounts available.







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