Savings Accounts, CD's, etc.

[TheGreatSatan]

I already have a savings and checking and paypal account, but want more. Does anyone know of any bank chains with high(er) interest rates on savings and CD's?

[Drum Thumper]

401(k) through your employer would be your best bet. Find out how much your employer will match, and add 2% more, if your finances will allow for it.

[halcyonforever]

I work at a credit union, our rates on CD's typically can beat banks by decent margin.

However CD's right now are at the low end, and they aren't something you buy low/sell high. I would second the 401k, also a decent time to look at some less liquid investments that may pay off when rates go up. (investment homes/home improvements with Heloc to increase value when the market up-swings)

There are some online savings accounts that pay mad interest, but read the rules carefully.

[Airbozo]

^^what halycyon said^^

...but if you are looking for a better financial institution, Credit Unions are the way to go. Governed and owned by the members.

[TheGreatSatan]

I'm already a member of a credit union and the rates on a savings account is less than 2%. CD's top at 3.5%