Looking for a good savings and CD rate in this economy is like looking for a needle in the haystack. However, there are ways to maximize your returns if you follow these tips.
- Check the bank rates for savings, money market and CD accounts on Bankrate.com. Remember to check both local and national rates. If you are going to use a national bank, make sure that they have an online website to expedite the handling of any deposits or withdrawals.
- While you are at Bankrate.com, remember to check out the bank’s safety rating at the Safe and Sound section of this site. Most deposits are FDIC insured if they are under $250,000 Continue reading