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?

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

Fuck thats bad.. really bad

shit i could have doubled your money in a few months

or lost it all even faster ! :1orglaugh

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

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

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

ive got 10 grand in there tho

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

6% on a saving account? i fucking wish (here in Canada).

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

buy land..

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

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

rates are low right now