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    citylover's Avatar
    citylover Posts: 79, Reputation: 1
    Junior Member
     
    #1

    Aug 29, 2009, 06:16 AM
    Savins - what would be my best option
    Looking at opening a savings bank account. Where is the best place now with this crazy economy to put some money away in my bank as savings that I can get some interest on yet still have easy access to it if needed?
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
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    #2

    Aug 29, 2009, 06:19 AM

    A savings account? Every bank has them. You won't be getting a ton of interest, but you might be able to find one around 1%. INGDirect has about 1.5% right now. Not quite as accessible as a standard savings, but its better interest.
    citylover's Avatar
    citylover Posts: 79, Reputation: 1
    Junior Member
     
    #3

    Aug 29, 2009, 07:23 AM
    Then is there something else I should be looking at rather than just a regular savings account?
    Thanks
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
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    #4

    Aug 29, 2009, 07:34 AM

    Depends on how much money you are talking about. Most money market accounts have pretty steep minimums.

    If you are talking about less than 10k, then for easiest access, a standard savings or interest bearing checking is probably the easiest and safest.

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