FundRobot » Mutual Funds » Which banks have the highest interest rate for saving account in NYC?

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Old   #1 (permalink)
 
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Default which banks have the highest interest rate for saving account in nyc

I plan to put $10,000 into a savings account. However I would like to get good interest on my money. I would like to choose Chase but their interest rate is way too low at 0.01% I'll end up with 0.50 at the end of the year.

Mary500 is offline   Reply With Quote
Old   #2 (permalink)
 
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Default which banks have the highest interest rate for saving account in nyc

All types of bank accounts and all banks are paying
very little interest. The best you can do is a bank CD
for a time period and you might get 1% interest.
If you can stand some risk, try the stock market or
some mutual fund from Fidelity or Vanguard.
Beauty2000 is offline   Reply With Quote
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