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Best Savings, Checking and Money Market Interest Rates

Last Updated: 04. June 2019
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By shopping around, you might be able to get a much higher interest rate on your Money Market or Savings Account. Online banks tend to offer higher rates than traditional  banks with a branch network because they don’ the same brand awareness as many traditional banks.  They also do not have the expense of operating physical branches.

Discover, Capital One, American express as well as other names you would normally associate with credit cards also operate online banks.  Savings and Money Market accounts with these banks have the same FDIC protection as other traditional banks such as Bank of America or Citibank. Because they are online however you may get a much better Savings or Money Market Account interest rate with these banks.

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David Waring

David Waring was the founder of LearnBonds.com and has been a major contributor to the extensive library of investing news and information available on the site. Until the launch of Learnbonds.com in late 2011 there was no single site on the internet catering exclusively to the individual bond investor. This was true even though more individuals own stocks than bonds. Learn Bonds was launched to fill that gap.

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