Without a doubt.  Most people taking out the standard 4 year, or 48 month, car loan are seeing rates in the high 4s.  Grabbing an interest rate at this level, typically is reserved for special financing deals by the dealer.  These rates, however, are freely available from private banks and credit unions.

Most indicators are showing very high used car prices, which seem to make this a pretty smart time to purchase new, if there ever is a time to purchase new cars.  Of course, you’re more likely to get a good rate with a new car loan and a decent down payment.

For the week of June 15, 2008 we are seeing HSBC (NYSE: HBC), FNBO Direct offer the strongest savings account offers out there.  Because of its credibility and backing, HSBC may be the choice for many of you.  Both HSBC and FNBO Direct are offering 3.5% APY.  Capital One (NYSE: COF) is also offering 3.5% interest rate for a standard savings account, but you need to invest a minimum of $10,000.

As a reminder some of the reasons you may want to put money into savings accounts include: most institutions are insured against the loss of your money (only tiniest of risk); you earn a rate of return on your money; easy to manage and understand; easy to set-up.

The current offering from the Charles Schwab Visa offers a compelling mix of low interest rates, appealing teaser rates, and rewards.  One of the main drivers of high interest rate cards is seemingly attractive ‘points’ programs.  This almost always never pays off.  There are, however, some credit cards that offer both low annual percentage rates on credit card purchases and a decent rewards program.  One of these right now is the Charles Schwab Visa.  The card currently has a low variable 7.9% interest rate on purchases.  It’s introductory teaser rate is only 1.9% and includes both balance transfers and cash advances.  The rewards are offered at 1 point for every $1 spent on the card.  Also, of course, like all of the ‘best offers’ from credit cards, there is no annual fee.  Take a look at their homepage, do your homework, and decide if this card is right for you.  A person carrying a $2,500 balance for the next year could save over $200 by switching from a 12% credit card to the Schwab Visa.

Charles Schwab Credit Card site.