Everyone knows about savings accounts but not as many know about online-savings accounts. Whats the difference about 4% APY. This site has done the research for you, pick one that will give you a rate of return your looking for and put your savings in it.
http://www.savingsaccounts.com/
What easier way to earn 5% on the cash you should be keeping on-hand in case of an emergency?
I'm not sure why everyone doesn't put there savings in one of these accounts. You are cheating yourself out of considerable returns by keeping your money earning 5% verses 1 or 2. They are FDIC insured and you move money into your checking account just like you would at your brick and mortar bank. They can offer these returns because of the money they save being paperless and not maintaining tellers and windows...
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