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Get the High Interest MM…
By admin | October 23, 2008
As most of you know high interest money market savings account have been lowering and lowering their rates. I think ING Direct has now gone down to 2.75% (it used to be at 4.5% not too long ago.)
Courtesy of Hustler Money Blog, he found a money market through Bank of America that is paying out a whopping 3.94% (the highest I have seen around). Check out what he said posted on his site below:
Ever since WaMu went down to 3% APY, I want to find another local bank with high interest rate. Bank of America’s Defenders of Wildlife(DOW) has a 3.94% APY rate for $5K or more. This is one of the highest rates for any bank - online or offline. Even though it’s a special account, anyone can join.
Make sure you check options 2 under Savings when signing up to get the rate. Here’s a picture
Topics: Deals, Investments, Saving |
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