Earning a stable Interest Rate straight through Rewards Checking Accounts
Many people are working hard to save money in these tough times in the economy. However, it often becomes hard as the stock market is unstable, and most savings accounts offer rates of only a poor 1-2% interest rate. With interest rates so low, many people are request how they can both save money, and see some kind of return on it. The answer? bonus checking accounts.
What's so cool about these things? In short, they mean a 5% interest rate on your money in a obtain holdings, even during this time when savings accounts and Cds are only getting rates of 1-2%. How does it do this? I have no idea... But it does, and it's Fdic ensured... So is there in effect a imagine to worry about it?
But there's a catch. I know, I know, there's all the time a catch. To get the benefits of these bonus checking accounts, you need to do a distinct set of requirements each month, or else your interest rate for the month is reset to.3%. The requirements aren't whatever wild though... You need to have one direct deposit or one auto bill a month, and you must make ten purchases a month on your debit card. Ten purchases in 30 days. Between groceries, gas, and odds and ends, I'm sure you can quickly rack up ten purchases.
Most of them have restrictions of 10-25,000$ so this won't be the whole capacity of getting rich, but it's a good starting point to store your savings. So now's the time. Abandon your savings accounts and switch over to bonus checking accounts and earn more interest today.
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