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What is the average interest rate for a savings account?

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5th Nov 2009 by Gary

While this is an impossible question to answer because of the incredible number of variables, I would say among the best interest rates for savings accounts, they stand between about 1.20 percent and 1.77 percent. But even there they can be beaten if you open a new account, with new savings accounts at places like EverBank offering a 2.51% 3-Month Bonus Rate.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



5th Nov 2009 In Investing 1 Answers | 107 Views
Subjects: average interest rate, interest savings account, savings account,

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What is the average interest rate for a savings account?


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