Which bank gives the highest interest rate on saving accounts?
Rates are not constant. Banks which need more deposits (aka more customers) will have higher rates. So you can look at some of the new/smaller banks. If you are looking to just park money in saving account for liquidity, better use the sweep deposit feature banks offer. Your money earns FD interest and these FD are automatically liquidated when the savings balance falls short.
Will check this out, thank you
Every banks run a promotion and there are 10-20 terms which you might need to meet to get that high saving
I did fd in equitas sfb with 8.5% rate of interest for 444 days with quarterly interest payout. Suggesting you to go for <5 lakhs fds in multiple sfb
Hi,
I’m looking for an saving bank account to open online without need to go bank offline.
This is just to park some money for sometime, as if it’s main account I just keep spending it.
Main purpose is only to park some time and then ...
You can use my bank account. /s
I want to open another bank account where I wish to build a significant cash position (with about 5 months of my salary). I will use that money incase of emergencies or if I need a lot of cash, so that I don't have to exit any stock posi...
Which bank account is good for FD and not much penalty on early withdrawal?
