Compare Rates Now

Business Credit Card Interest Rates Are Lowest

Posted by: RateAPY Bank Rates News
November 30th, 2009

Only six months ago, the average interest rate on a business credit card was the highest out of ten categories of credit card types, at 16.74%. Currently, the average APR on a business credit card is now the lowest of those same ten categories, ... Read more »

Acacia Federal Savings Bank’s Online CD Can Give 3.5% APY

Posted by: RateAPY Bank Rates News
November 30th, 2009

Finding the best certificate of deposit (CD) account isn’t that hard. Comparing CD interest rates online will help ensure that you don’t lock your money into a below-average rate.
Excellent Interest Rates from Acacia Federal
Acacia Federal Savings Bank’s CD rates, including ... Read more »

Laddered CDs Average Higher Returns

Posted by: RateAPY Bank Rates News
November 26th, 2009

Timing the market is a tough thing to do, and it’s not a reliable strategy for most investors. Certificate of deposit (CD) laddering is a classic way to increase your yields and avoid letting your money sit around in a savings account waiting for interest rate upswings. Your CDs ... Read more »

Consumers Are Handling Credit Card Debt Better

Posted by: RateAPY Bank Rates News
November 26th, 2009

Credit card delinquencies fell 6% from the second quarter of 2009 to the third quarter of 2009, according to the credit reporting agency TransUnion. Historically, delinquencies have increased between the second and third quarters of the year, so the timing of this improvement is significant. One possible reason for fewer delinquencies may be that consumers ... Read more »

Advantages of Using a Money Market Account

Posted by: RateAPY Bank Rates News
November 25th, 2009

Money market deposit accounts, or MMDAs, combines the advantages of both checking accounts and savings accounts but with some restrictions. Checking accounts are considered “transaction accounts” and are not permitted to earn interest according to Regulation Q of US banking law. Savings accounts ... Read more »

Compass Lending Has Low, Low Mortgage Rates Starting at 4.25%

Posted by: RateAPY Bank Rates News
November 25th, 2009

People today are used to current mortgage rates being near record lows. Even so, Compass Lending’s deals on a wide range of home loans are truly amazing. And Compass Lending’s goal is to make the home loan process as simple and worry-free as possible. So expect as pain-free an experience ... Read more »

SFGI Direct Savings Account with 1.85% APY

Posted by: RateAPY Bank Rates News
November 25th, 2009

Finding a safe place to save money is on everyone’s minds these days. Whether you are saving a few hundred dollars to begin an emergency fund or seeking a savings account where you can keep thousands of dollars in reserve, consumers should start by making sure the account is ... Read more »

$25 Cup of Coffee?

Posted by: RateAPY Bank Rates News
November 24th, 2009

Don’t worry, inflation hasn’t gone ballistic overnight. A cup of coffee still costs about $2. However, if your checking account has no money in it–possibly as a result of the recession–your bank may approve your debit card purchase and then charge you a $23 overdraft fee.
Federal Reserve Says Customers Must Consent
The Read more »

AmericaNet Bank Offers 2.00% APY Mega Money Market Account

Posted by: RateAPY Bank Rates News
November 24th, 2009

While most families share a goal of saving more money in 2010, it can be difficult to invest money in an account that cannot be accessed for months or years at a time. Money market accounts offer a great compromise between checking accounts and CDs, allowing consumers to ... Read more »

Mortgage Rates Likely to Increase in March 2010 as Fed Withdraws Support

Posted by: RateAPY Bank Rates News
November 23rd, 2009

The federal government has been stimulating economic growth by keeping the main interest rate, the Fed Funds Rate, at a target of 0.00% to 0.25%. With the Fed Funds interest rate at almost zero for over a year–with no room to drop further–the Fed has had to use other means to further stimulate the economy. ... Read more »