High Yield Savings Account – Ally Bank and Capital One Checking Interest Rates for New Customers

Posted on | September 22, 2010 | No Comments

Putting money into a high-yield savings account has been a very common theme over the last several months as Americans are saving much more than they are spending. Some of the national banks that are offering attractive checking account interest rates include Ally Bank and Capital One Bank. Before deciding on one of these banks it may be a wise decision to do research on local community banks as well.


Taking the time and effort to do research on local community banks could prove to be greatly beneficial as there are many community banks throughout the country that are currently offering interest rates as high as 5% on a checking account. It is important to realize that these checking account–or straights are only available to individuals who were have residency in a specific area.

It is also the case that these high-yield checking accounts require certain actions by customers each and every month. It is generally the case that a customer must use an ATM or debit card at lease 10 times a month and have one electronic transfer into the account. By fulfilling these requirements customers will receive very attractive interest-rate offers from local community banks.

Author: Alan Lake

Comments