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Which bank for DC's savings acct?

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Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Which bank for DC's savings acct?

We'd like to open an acct before his baptism but all interest rates stink. Please recommend your bank for DC.

Posted 6/7/08 1:01 PM
 
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RM23
LIF Adult

Member since 5/06

997 total posts

Name:
Rachel

Re: Which bank for DC's savings acct?

The best rate i have found so far is an online savings account at HSBC. I think its about 3.5%. There arent even CD's that are better than that these days....
The only catch is its only online....

I was told to spread funds out these days. Put some in a savings, some in a 529 etc....dont put all the eggs in one basket.

If you find something better let me know.

Posted 6/7/08 8:18 PM
 

greenybeans
:)

Member since 8/06

6435 total posts

Name:

Re: Which bank for DC's savings acct?

We have ING for DS.

Posted 6/7/08 8:29 PM
 

tiki03
*************

Member since 9/05

8660 total posts

Name:

Re: Which bank for DC's savings acct?

Posted by KerriSteve

We have ING for DS.



We also have ING for our kids.

Posted 6/7/08 8:36 PM
 

bpmom
Feeling Blessed

Member since 6/07

2963 total posts

Name:

Re: Which bank for DC's savings acct?

We were on the fence about this...I wanted the online acct from HSBC or ING, but DH wanted DS to have an acct at a nearby branch so as he grows he learns what savings is, actually goes to a bank to put his money in it, etc.

We're at WaMu with a crappy interest rate, as a result.

Posted 6/8/08 6:46 AM
 

Suzanne
May the Force Be With You!

Member since 5/05

2083 total posts

Name:
Suzanne

Re: Which bank for DC's savings acct?

ING is great!

Posted 6/8/08 8:56 AM
 
 

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