MoneyRates Blog

High Yielding Health Savings Account

June 16, 2008
By MoneyRates team | Money-Rates Columnist

A credit union in the Chicago-area is offering a Health Savings Account (HSA) with a 5.15% APY on average daily balances of $100 or more which depending upon a person’s tax bracket can be a tax equivalent yield of over 6.00%. Alliant Credit Union offers the high rate to members who work or live in [...]

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The Fed and Online Bank Rates and Deals

January 29, 2008
By MoneyRates team | Money-Rates Columnist

The bad news for online bank investors is that the Fed is very likely to drop rates 25 or 50 points at this week’s meeting, but the good news is that it appears most online banks have already factored in that rate cut into this week’s rates and we don’t expect a large reduction in [...]

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