Average bank interest rates? Am i getting owned?

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  • Myst
    Confirmed User
    • Feb 2004
    • 4708

    #1

    Average bank interest rates? Am i getting owned?

    From my last months account balance to this months, i gained 0.00041% in my wealth. Is this low, high or average for most banks?
    ICQ: 298-523-037
  • Illicit
    wtf ?
    • Dec 2003
    • 11895

    #2
    interest rates are low, you wont make much, but if that number is really what you made ? owned
    Insert Sig Here

    Comment

    • detoxed
      vip member
      • Jan 2003
      • 17798

      #3
      Fuck thats bad.. really bad

      Comment

      • detoxed
        vip member
        • Jan 2003
        • 17798

        #4
        Originally posted by detoxed
        Fuck thats bad.. really bad
        shit i could have doubled your money in a few months

        Comment

        • Illicit
          wtf ?
          • Dec 2003
          • 11895

          #5
          Originally posted by detoxed


          shit i could have doubled your money in a few months
          or lost it all even faster !
          Insert Sig Here

          Comment

          • OneHungLo
            So Fucking Banned
            • May 2001
            • 40906

            #6
            screw the bank...sink it in some investment properties...you'll get alot more than 2% return on your money.

            Comment

            • Nicky
              Too lazy to set a custom title
              • Mar 2003
              • 30071

              #7
              OMG thats bad dude, I know banks that atleast give 5-6% per year.....

              gfynicky @ gmail.com

              Comment

              • evildick

                #8
                A plain old savings account will get you more than 2% around here so I think your bank is a little on the low side.

                Comment

                • Illicit
                  wtf ?
                  • Dec 2003
                  • 11895

                  #9
                  Originally posted by evildick
                  A plain old savings account will get you more than 2% around here so I think your bank is a little on the low side.

                  Might depend on the minimum balance ? the sum of money has alot to do with the rate your get too
                  Insert Sig Here

                  Comment

                  • Myst
                    Confirmed User
                    • Feb 2004
                    • 4708

                    #10
                    Originally posted by ajpiii


                    Might depend on the minimum balance ? the sum of money has alot to do with the rate your get too
                    ive got 10 grand in there tho
                    ICQ: 298-523-037

                    Comment

                    • Ron Bennett
                      Confirmed User
                      • Oct 2003
                      • 1653

                      #11
                      Have some money in money market, that has only a $1K minimum balance requirement, which pays 2.2% APY - and that rate guaranteed to at least Feb-2005.

                      Key to finding good bank rates is to think small...as in small banks...new, upcoming banks tend to have much better rates.

                      Call around...if you're in a rush and/or don't mind using an "on-line" bank, then check out Capital One Bank, E-Trade Bank, etc.

                      Check out http://www.bankrate.com/ for national savings/CD rates.
                      (sadly their site has become really shitty lately - lots of pop-up crap)

                      Ron
                      Domagon - Website Management and Domain Name Sales

                      Comment

                      • quiet
                        we'll miss you our friend. RIP
                        • Sep 2001
                        • 25115

                        #12
                        Originally posted by Nicky
                        OMG thats bad dude, I know banks that atleast give 5-6% per year.....
                        6% on a saving account? i fucking wish (here in Canada).
                        we'll miss you our friend. RIP

                        Comment

                        • insanesurfer
                          Confirmed User
                          • Jun 2003
                          • 790

                          #13
                          I'm getting 2.30% a year not sure what that is a month but I do know it is more then what you are getting.
                          http://www.pcfinancial.ca
                          Tired of Paypal? Then give Moneybookers a chance.

                          Comment

                          • slackologist
                            Confirmed User
                            • Jul 2002
                            • 2379

                            #14
                            buy land..

                            Comment

                            • myjah
                              Back in the harbor
                              • Sep 2003
                              • 11482

                              #15
                              my lowest savings acount right now is earning a little under 2%
                              VP of Marketing
                              AVN Media Network
                              Skype: AVNJill
                              [email protected]

                              Comment

                              • IPK
                                Confirmed User
                                • Sep 2003
                                • 4209

                                #16
                                interest rates are so bad, i don't even check any more, it just disgusts me
                                DomainerResource.com
                                strategies for monetizing and investing in domain names...

                                Comment

                                • hoe_vender
                                  Confirmed User
                                  • Dec 2003
                                  • 2018

                                  #17
                                  rates are low right now
                                  ICQ #286508534

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