This site is about New York City. I am a traveler and New York City has to be the most lively places on earth. There are lots of world class entertainment ,venues and different ethic dishes that you can find to sample in NYC. You can be be a part of the city due to NYC efficient public transportation and all you need is a cheap Metro Card to bring you to the action. Being a resident of NYC for more than 20 years there is no place like New York. In the past there is a saying "all roads lead to Rome", the modern saying is "all roads leads to New York City"


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Saturday, August 2, 2008

What is an Online Savings Account?- lots of people are banking because it offers a high rate



Compare Current Annual Percentage Yields for Savings:
Bank of America - 0.5%
Wells Fargo - 0.25%-1.01%
Citibank - 0.5%
with online savings account 3% to 5%



What is an Online Savings Account?

*An Online Savings Account is a savings account that offers one of the highest yields compare to regular banking.
*You access to your money with free online transfers to and from your existing external bank accounts 24-7. No minimum balance to maintain.
*The Federal Deposit Insurance Corporation (FDIC) provides insurance on deposits to at least $100,000 per depositor, up to the maximum amount allowable by law.

Capital One ( a top bank) offers 3.50 APY for balance over $10,000. Under $10,000, 2.5 %.
Look around in the internet for other banks which offer a higher rates. Others may offer higher rates because they dont have a brick and mortar presence. You know your money is safe because The Federal Deposit Insurance Corporation (FDIC) provides insurance on deposits to at least $100,000 per depositor, up to the maximum amount allowable by law.

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