Get an All in One Bank Account?
September 29th, 2009
The biggest and best banks out there have offered these all in one accounts. They are money market accounts that earn a decent interest rate, have debit and check writing capability, but the catch is they have a relatively high minimum balance. I question if I want debit access to an account with a fee for dropping below the minimum, unless you’re really on top of your banking it’s too easy to drop below and start paying big account fees. Also, do you want that much money tied up when you could make more in a CD or other longer term investment like a bond or even the stock market? I just don’t need a $25,000 savings account there are just better options. What do you think?
Related posts:
- Soda Vending Machines Can Help Your Bank Account Effervesce The stuff held within the cans inside a soda vending...
- IRS Bank Levy Explained There are a number of terms that until you fall...
- Buying Stocks For Higher Returns Buying stocks is a critical part of your financial plan....
- Thinking Ahead on the Stock Market Since the economic meltdown of late the retail industry has...
- The Stock Market: What My Dad Didn’t Teach Me About It If you have children, you should let them in on...