Moneywise on July 7th, 2010
What’s a strong 2-year (24 months) CD rate right now? You’re looking at top rates of around 2 percent. Yes, I know it sounds pathetic. Most strong deposit earning checking accounts are still only 0.5% and most strong 1 year CDs are around 1.25%. Although recent talk has been more hawkish from the Fed and friends, I tend to think that’s more political pandering and appeasement for the Tea Party. The largest institution offering the 2% CD is American Express Bank, which offers the CD with no minimum deposit, which is rare among banks that are among the Certificate of deposit leaders.
Moneywise on June 23rd, 2010
There is no better offer right now than the debit card reward offer from PerkStreet. Those opening a checking account with PerkStreet and maintaining a $5,000 balance get 2% cash back on debt card purchases. You get 1% if your balance falls below the $5,000 mark. The company ever offers free checks, free mailing of all deposits and is part of the huge (37,000+) STARsf ATM network. This is a great offer considering an overwhelming number of banks do not offer any rewards what so ever on debit card purchases. The company claims that this cash back offer will not go away, but you must always be wary of that when switching for an offer like this one.
