Savings Rates Can Still Beat Inflation

Many financial analysts have been stating in recent news stories and interviews on CNBC that in today’s economy consumers cannot keep up with inflation by keeping their money in savings accounts. The typical quote refers to savings rates below 2% and inflation rates of 4% or higher -at which point a consumer would be effectively [...]

Malvern Federal Savings

Malvern Federal Savings Rewards Plus Checking
5.01% APY on balances up to $35,0001.01% APY on balances above $35,000
Requirements:
Ten debit card transaction at POS per statement cycle per month.One direct deposit or ACH debit per statement cycle per month.Access Free online banking once per statement cycle.
Account Features:
N0 Minimum BalanceNo Monthly FeeATM refunds at over 1,750,000 locations
Link

Vintage Bank

Vintage Bank Rewards Checking
4.25% on all balances over $1
Requirements:
1 recurring ACH transaction per month;10 or more debit card transactions per monthreceive electronic monthly statements.
Features:
FREE ATM WorldwideFREE Debit CardFREE Checks for LifeFREE Online Banking and Bill PayFREE Direct DepositFREE e-StatementsFREE Teller AccessFREE 24-Hour Automated VIP LineUnlimited Check WritingNo Minimum or Maximum BalanceNo Monthly Service ChargeOverdraft Protection
Link

Finding Lower Gas Prices Online

Analysts at CIBC World Markets are forecasting gas prices as high as $7 a gallon within four years with estimated crude oil prices of over $200 a barrel. The shocking scenario is even more alarming because CIBC analysts were mocked for their forecast a couple of years ago of $100 a barrel (when the current [...]

Orange Savings Bank

Orange Savings Bank Reward Checking Account
6.01% APY on balances up to $25,0001.01% APY on balances over $25,000
Requirements:
- Perform at least 10 debit card transactions (excluding ATMs) monthly- Receive monthly statement electronically- Access Online Banking- Sign up for direct deposit or receive a recurring ACH
Link

Centennial Bank

Centennial Bank Certificates of Deposit
6-month CD 3.20% Rate, 3.25% APY
1-year CD 3.45% Rate, 3.51% APY
2-year CD 3.75% Rate, 3.82% APY
3-year CD 4.00% Rate, 4.07% APY
4-year CD 4.20% Rate, 4.28% APY
5-year CD 4.35% Rate, 4.44% APY
Requirements:
$10,000 Minimum deposit
Link

Credit Card Rate Deal

Possible Way to Benefit from Higher Oil Prices?

Crude oil futures set a new intra-day record today of $119.86 a barrel after closing at a record close Monday of $117.48. In some cities gasoline is over $4 a gallon while the national average is a record high of over $3.50 a gallon. Analysts are quoting oil supply worries and a weak dollar as [...]

IRS Update on Stimulus Program Rebate Payments

The IRS has made the following information available on their website IRS.gov regarding the schedule of rebate payment checks for taxpayers who filed their 2007 tax return by April 15, 2008:
Stimulus Payment Schedule for Tax Returns Processed by April 15Economic stimulus payments will be issued according to the last two-digits of the main filer’s Social [...]

Best Bank Money Market Rates Update

The national average on bank money market accounts is below 1%, but many banks are offering higher rates for accounts opened online. Listed below are the best rates on bank money market accounts posted this week available nationally for accounts opened online:
IndyMac Bank3.97% Rate4.05% APY$1,000 Minimum deposit
Corus Bank 3.94% Rate4.00% APY$10,000 Minimum deposit
EverBank3.89% Rate4.01% APY$1,500 [...]

State Bank of Toledo

State Bank of Toledo Hometown Reward Checking Account
5.01% APY on balances up to $70,0000.25% APY if requirements are not met
Requirements:
10 check card transactions per monthone direct deposit per monthreceive electronic statements
Account Features:
ATM fee refunds up to $25 per cycle
Link

Evergreen Private Bank

Evergreen Private Bank Cornerstone Money Market
3.25% APY on balances over $25,000
Requirements:
Branch visitMinimum deposit $2,500
Evergreen Private Bank Cornerstone CD Certificates of Deposit
5-month CD 4.05% APY12-month CD 4.00% APY15-month CD 4.00% APY
Requirements:
Branch visitMinimum deposit $10,000
Link

First Federal Bank of California

First Federal Bank of California Power Rewards Checking
4.16% APY on balances up to $25,0001.00% APY on balances over $25,000
Requirements:
18 or more Debit Card point-of-sale purchases monthly3 or more online bill payments monthly1 ACH auto-debit or direct deposit per month
Account Features:
Free online bill paymentFree bill payNo minimum balance requirementNo monthly service fee

BB&T

BB&T 42-month Certificate of Deposit
4.15% APY on deposits from $1,000 to $99,999
Requirements:
Branch visit$1,000 minimum deposit
Link

Republic First Bank

Republic First Bank Money Market Account
4.00% APY
Requirements:
$5,000 minimum balance requiredBranch visit to open accountOffered in conjunction with Preferred Checking Account
Account Features:
Guaranteed extended thru 5/31/2008
Link

EverBank Expands Foreign Currency Options for Investors

EverBank, an FDIC-insured bank based in Jacksonville, Florida, has added new content to their site which offers more detailed coverage of the economies of the countries for which they offer foreign currency investments. EverBank has been providing an online platform to find information on foreign currency and open up foreign-denominated bank accounts for more than [...]

Liberty Bank

Liberty Bank eSmart Checking
5.51% APY on balances up to $25,000
Requirements:
Minimum of 15 debit card purchases (ATM usage does not count toward the 15 transactions)Minimum of 1 direct deposit or automatic withdrawalMinimum of 1 bill pay is required monthly (bill pay is free)Receive your monthly account statement electronically
Account Features:
-Earns 2.01% APY on balances greater than $25,000-Free [...]

Countrywide Bank

Countrywide Bank SavingsLink Account
4.05% APY on all balances over $10,000
Account Features:
- Free bank to bank transfers-Schedule next business day or recurring transfers between your SavingsLink account and your linked external accounts-Unlimited deposits-Conduct up to six withdrawals each month-Deposits are insured to the regulatory maximum by FDIC-Transfer money between your SavingsLink account and other Countrywide Bank [...]

M&F Bank

M&F Bank Summit Checking
5.25% APY on balances up to $25,000
Requirements:
Receive monthly statement via e-mailLog-in to online banking at least once monthlyOne direct deposit or ACH debit monthly12 point-of-sale debit card transactions per month
Link

First Federal Bank

First Federal Bank Advantage Checking
5.07% APY on balances up to $50,000
Requirements:
Receive monthly E-Statement.Use Visa® Debit Card a minimum of 12 times.Have at least one direct deposit or one automatic bill payment.
Account Features:
No minimum balance.No monthly service charge.No per check charge.Unlimited check writing.ATM fee refunds nationwide.1.01% APY on balances over $50,000
Link