Average bank interest rates? Am i getting owned? - GoFuckYourself.com

Myst · 02-29-2004, 04:39 PM

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?

Illicit · 02-29-2004, 04:40 PM

interest rates are low, you wont make much, but if that number is really what you made ? owned

detoxed · 02-29-2004, 04:41 PM

Fuck thats bad.. really bad

detoxed · 02-29-2004, 04:41 PM

Quote:

Originally posted by detoxed
Fuck thats bad.. really bad

shit i could have doubled your money in a few months

Illicit · 02-29-2004, 04:43 PM

Quote:

Originally posted by detoxed

shit i could have doubled your money in a few months

or lost it all even faster !

OneHungLo · 02-29-2004, 04:58 PM

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

Nicky · 02-29-2004, 05:00 PM

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

02-29-2004, 05:08 PM

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.

Illicit · 02-29-2004, 05:12 PM

Quote:

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

Myst · 02-29-2004, 05:46 PM

Quote:

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

Ron Bennett · 02-29-2004, 05:47 PM

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

quiet · 02-29-2004, 05:52 PM

Quote:

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).

insanesurfer · 02-29-2004, 05:56 PM

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

slackologist · 02-29-2004, 06:01 PM

buy land..

myjah · 02-29-2004, 07:13 PM

my lowest savings acount right now is earning a little under 2%

IPK · 02-29-2004, 07:25 PM

interest rates are so bad, i don't even check any more, it just disgusts me

hoe_vender · 02-29-2004, 07:36 PM

rates are low right now

02-29-2004, 04:39 PM	#1
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,708	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?

02-29-2004, 04:40 PM	#2
Illicit wtf ? Join Date: Dec 2003 Location: GFY Posts: 11,895	interest rates are low, you wont make much, but if that number is really what you made ? owned __________________ Insert Sig Here

02-29-2004, 05:00 PM	#7
Nicky Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,070	OMG thats bad dude, I know banks that atleast give 5-6% per year..... __________________ gfynicky @ gmail.com

02-29-2004, 05:47 PM	#11
Ron Bennett Confirmed User Join Date: Oct 2003 Posts: 1,653	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

02-29-2004, 05:56 PM	#13
insanesurfer Confirmed User Join Date: Jun 2003 Posts: 790	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.

02-29-2004, 04:41 PM	#3
detoxed vip member Join Date: Jan 2003 Posts: 17,798	Fuck thats bad.. really bad

02-29-2004, 04:58 PM	#6
OneHungLo So Fucking Banned Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 40,906	screw the bank...sink it in some investment properties...you'll get alot more than 2% return on your money.

02-29-2004, 05:08 PM	#8
evildick Guest Posts: n/a	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.

02-29-2004, 06:01 PM	#14
slackologist Confirmed User Join Date: Jul 2002 Location: Earth Posts: 2,379	buy land..

02-29-2004, 07:13 PM	#15
myjah Back in the harbor Industry Role: Join Date: Sep 2003 Posts: 11,482	my lowest savings acount right now is earning a little under 2% __________________ VP of Marketing AVN Media Network Skype: AVNJill [email protected]

02-29-2004, 07:25 PM	#16
IPK Confirmed User Join Date: Sep 2003 Posts: 4,209	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...

02-29-2004, 07:36 PM	#17
hoe_vender Confirmed User Join Date: Dec 2003 Location: Lincoln, NE Posts: 2,018	rates are low right now __________________ ICQ #286508534