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Message
Savings Account
Posted on 5/28/09 at 10:43 am
Posted on 5/28/09 at 10:43 am
My Chase account offers a .01% interest rate.
iGObanking.com accounts offer 2.12% APY (according to LINK ).
Is there a real reason that I shouldn't convert all my savings tied up in Chase to the iGObanking account?
iGObanking.com accounts offer 2.12% APY (according to LINK ).
Is there a real reason that I shouldn't convert all my savings tied up in Chase to the iGObanking account?
2
Posted on 5/28/09 at 10:50 am to 1336
not really, it may be an introductory rate and there is probably a minimum balance
also, it may not be as liquid, a transfer or withdrawal may take a week instead of driving to the nearest chase and getting your money out
also, it may not be as liquid, a transfer or withdrawal may take a week instead of driving to the nearest chase and getting your money out
Posted on 5/28/09 at 2:43 pm to 1336
quote:
My Chase account offers a .01% interest rate.
I'm getting 0.05% on one of my accounts.
mo money, mo money
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