Rates for CD, Checking accounts and Savings Accounts
We were looking for CD rates lately as we had to park some money temporarily. For us rate of return was not as important as the liquidity of the investment. This was the money set aside for forthcoming home buying.
We did compare CD with other form of investments, below is a summary for you.
Pros:
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In the era of bank failures and major banks increasing fee for their services, you can earn interest on checking accounts it’s too good to be true, isn’t it?
A few months back I was in the market for a second checking account as due to clerical mistakes my one and only checking account was frozen at Bank Of America. Al though I had found an answer in Capital One interest checking account, I didn’t stop looking for better rates, as we should always work our ways to get maximum return from our investments
There are many interest paying checking accounts available in the market. Let’s compare the best options we have based on data obtained from internet and a few phone calls in my spare time.
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